President Donald Trump signed the annual defense authorization bill into law Dec. 18, confirming a 3.8% raise in military basic pay.

Military retirement pay will rise 2.8% in 2026 as the new COLA takes effect, lifting checks starting December 31, 2025. The ...

From building a solid financial foundation to preparing for emergencies and planning for retirement, the results of a recent survey confirmed that military service can translate to a better financial ...

Rep. Mike Levin is asking Gov. Gavin Newsom to eliminate all state income taxes on military retirement pensions. The California Democratic’s letter to the governor, which he sent Monday, comes just ...

A senior U.S. military lawyer has advised officers who believe they are receiving unlawful orders to consider requesting retirement rather than resigning in protest. Sources say the guidance came from ...

Congress, after many years, finally passed the Social Security Fairness Act, which was signed into law Jan 6, 2025. This Act repeals two provisions of federal law that reduce the Social Security ...

If you're a retired military personnel, where you choose to spend your post-service years can significantly help you get ahead financially. Some states offer tax breaks and exemptions on military ...

A military veteran retired from the army after 35 years and collects $220k per year at 57. That income comes from an army pension, VA disability, TSP, and dividends. The veteran also has a $5.5 ...

Several senior officers who reportedly expressed concerns about the boat strikes, including former US Southern Command commander Adm. Alvin Holsey and Lt. Gen. Joe McGee, the former director for ...