If passed, the Service Members Tax Relief Act would eliminate federal income tax on all active-duty and reserve pay, as well as military bonuses.
If you rely on military retirement income, discover the 13 states that continue taxing those benefits and what that means for your future retirement plans.
Arizona, has introduced bills to end the federal income tax on military pay and veterans’ retirement benefits.
Contributing to a retirement account is one of the best ways to ensure financial stability in your senior years. Some accounts offer more benefits than others, especially those offered for federal ...
OKLAHOMA CITY — Lawmakers want additional time to study legislation that would change how military retirement pay is divided when couples divorce. House Bill 1053 sought to end the practice of ...
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 ...