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

US service members will receive a 3.8% pay raise starting January 2026, confirmed by President Trump’s defense policy bill.

Nine military housing areas will lose the allowance entirely, including Boston, Massachusetts and San Luis Obispo, San ...

Military retirees and disabled veterans will receive 2.8% increases to their monthly paychecks for 2026, thanks to the annual Cost of Living Adjustment, or COLA, tied to inflation. The 2.8% raise for ...

Compensation for members of the Armed Forces (i.e., Army, Navy, Marine Corps, Air Force, Space Force, and Coast Guard) is funded through annual appropriations to personnel-related line items in ...

Illinois, Iowa, Mississippi, and Pennsylvania are considered to be the most tax-friendly states for retirees. Thirty-eight states don't tax Social Security income. Thirty-seven states don’t tax most ...