DA_Pre-Retirement_Briefing_Slides_17_April_2017.pptx

Keep correspondence and email address current r

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Keep correspondence and email address current R etiree A ccount S tatement (RAS) issued only when there’s a pay change (e.g., COLA, allotment, taxes, etc.) , but a monthly eRAS is now available on myPay
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23 States With NO State Income Tax Alaska New Hampshire Texas Florida South Dakota Washington Nevada Tennessee Wyoming Home of Residence is determiner; not Home of Record! States That Do Not Tax Military Retired Pay (as of 17 March 2017) Taxes Benefits.html * Conditions or limitations apply; check state law Alabama Arizona* Arkansas* Colorado* Connecticut* Delaware* Georgia* Hawaii Idaho* Illinois Indiana* Iowa Kansas Kentucky* Louisiana Maine Maryland* Massachusetts Michigan Mississippi Missouri Nebraska* New Jersey New Mexico* New York North Carolina* Ohio Oklahoma* Oregon* Pennsylvania South Carolina* West Virginia* Wisconsin Washington D.C.*
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24 Allotments In retirement, permitted to have: - Maximum of 6 “discretionary” - You can have an unlimited amount of “non-discretionary” allotments. For recalled Soldiers at retirement: - NONE continue from active duty - ALL must be re-initiated after separation - WHY? DFAS-CL has no interface with DFAS-IN Allotments except the Combined Federal Campaign (CFC), Veterans Educational Assistance Program (VEAP), and Servicemember’s Group Life Insurance (SGLI) will continue into retirement unless stopped by the Soldier. At least 30 days prior to the date of your retirement, you should review your Active Duty myPay account, and make sure you have established all the allotments you would like to carry over with you into retirement. It is important to verify that your retirement pay will be sufficient to cover all your allotments. Some adjustment in amounts may be necessary to accommodate your Retired Pay without having a negative impact on your pay. Can start/stop/change via myPay @ More information at:
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25 Army Emergency Relief Helping the Army take care of its own since 1942 Did you know… AER’s sole mission is to provide emergency financial assistance to relieve the distress of Army personnel, Retired Soldiers, and their families. In 2016, AER provided $61.2 million total assistance for 41,000 cases. For Retired Soldiers, AER provided $16 million for 9,000 cases. As a Retired Soldier, you are eligible for all categories of assistance and you may continue to contribute through allotment from your retired pay. Also awards scholarships to spouses and children of Retired Soldiers. For assistance, contact the AER section on your nearest Army installation, other service aid societies or the American Red Cross. More information available at
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26 Social Security Tax (FICA) (7.65%) FICA not deducted from retired pay!
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