Being able to read a military pay stub is very important because you will be able to understand the amount you take home and what is cut for your tax. 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. After realizing many people are asking about how to read these lines in a military paystub we have decided to discuss some of the things that you should know when reading a military pay stub. Find the things that are included in the military paystub that you should focus on.
One of the things that are included in the military pay stub is personal info. Some of the things that you are supposed to fill here includes your complete names, your social security number, and pay grade. 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. By checking these part you will be sure of your pay period and the deductions that will be made in your working duration.
Retirement and other deductions are the next part of the military pay stub. Here you will be able to find out what are your withholdings, allotments, and also deductions. There is more to learn here about your retirement.
The next section is about to leave information. This section will help you to understand your leave status, the amount of leave you have taken, and also the amount of leave you have remained. It’s also possible to lose your leave if you don’t use it and all that info you will find it by click here.
There is also a part of the federal tax. 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.
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.
State tax is the other part of the military pay stub. In this sector you will learn about your wage period, any exemptions made, and the total amount of tax you have paid. The total paid to rental housing is the other thing to view here.