Reading a military pay stub is important because you need to be sure of what you pay from your salary as tax and what is available for you. It’s also good to teach your spouse how to read military paystub in case you are deployed so that s/he will not be left wondering what the lines mean. If you have ever chased a paycheck you can be sure there is no part of the process that is complex like reading the military pay stub. We know many people have this challenge and that why we have dedicated our time to write this page so that you will know how you are expected to read a military pay stub. If you want to know more about military paystub check this page for more info.
The first item is about personal information. In the personal information section, you will have to provide your complete names, your social security number, and your paygrade. Before you are done with this part of personal information you will be required to indicate your branch of service and the terms of service. Through this part, you can know what you expect as your income and what you expect to be deducted from your payment.
You will also find a section on retirement and other deductions. Read more here for your withholdings like social security benefits, allotments, deductions, and many others. In the same part you can learn more about your retirement plan.
The other part is about to leave information. In case you don’t utilize all your leave days you will find more info here telling you the amount of leave that you will have lost.
Federal tax is the other sector you will come across in a military pay stub. Check this part to find out about your fiscal year pay, your marital status, and marital status. The same part will guide you to know how much you have lost to the tax for the time you have been working.
Then you have the federal insurance contribution act. Here, you are exposed to the amount that you pay to the FICA and other insurances.
State tax is the other part of the military pay stub. Check this part to read more now about your total w wage, total tax, and total exemptions. The total paid to rental housing is the other thing to view here.