How to Read Your Military Paystub
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.
You will have a section for personal information. Some of the things that you are supposed to fill here includes your complete names, your social security number, and pay grade. You will also find a part that asks you to provide the name of the branch you are serving and the terms of service. This information will help you to know your pay period and the deductions from your income.
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. When you check this you will discover more about your leave such as when you lastly went for leave, the days you have utilized for your leave, and the days you have remained for your leave. 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.
There is also a part of the federal tax. In this part, you will discover more about any exemptions that you have, your fiscal year pay status, and also marital status. Also, if you read more here you will know the accumulation of the tax you have paid to the state.
There is also a part that talks about the federal insurance contributions act. This part is very important to help you know what is deducted from you to the FICA and other insurances like Medicare.
There is also a section about state tax. In this sector you will learn about your wage period, any exemptions made, and the total amount of tax you have paid. You can also find out if you click here what goes to rental housing.