Guide to reading 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. Also, taking your spouse through the military pay stub is crucial so that s/he can also be able to understand it even when you are not there to explain. Reading a paystub is the most challenging part of cashing a paycheck and for that reason, you should make sure you read more here on how to read a 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. 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. By checking these part you will be sure of your pay period and the deductions that will be made in your working duration.
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 next part of the military paystub discusses information for leave. Take your time in this part to learn more about the amount of leave you will lose if you fail to use it.
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.
The other part is about the federal insurance contribution act. This part is very important to help you know what is deducted from you to the FICA and other insurances like Medicare.
You will also come across a field of state tax. By going through this part of the military paystub you will realize about tax information and the period you will be paid. You can also find out if you click here what goes to rental housing.
Reference: my review here