Housing allowance rates raised

Basic Allowance for Housing paid to a million service members living off base in stateside areas will rise an average of 2 percent Jan. 1. BAH for a typical enlisted member, in pay grade E-6 with dependents, will increase by an average of about $35 a month. BAH for a typical officer, a married O-3, […]

Savings savvy: Three ways to teach your kids about money

Paula Sirois This morning I implemented a new program with my kids: He or she who yells, pushes or screams has to put $1 into a jar on the shelf. At the end of the week, whoever hasn’t broken the rules gets all the cash. By this afternoon, I had already deposited $5, my son […]

Protection stops allowance drop

Tom Philpott About 400,000 active duty service members will see their Basic Allowance for Housing protected from a rate drop Jan. 1, thanks to “individual rate protection” Congress adopted nearly a decade ago. Users of the Post-9/11 GI Bill education program also will be protected from any cut to student monthly stipends, which are based […]

2011 BAH rates released

Sharna Johnson: Freedom New Mexico New military housing allowance rates set to take effect Jan. 1 won’t offer much comfort to Cannon airmen struggling to meet their housing needs in Clovis. According to a new Basic Allowance for Housing (BAH) rate chart released Wednesday by the Department of Defense, airmen in Clovis will receive little […]

Defense department makes small increase to housing allowance

Sharna Johnson New military housing allowance rates set to take effect Jan. 1 won’t offer much comfort to Cannon airmen struggling to meet their housing needs in Clovis. According to a new Basic Allowance for Housing (BAH) rate chart released Wednesday by the Defense Department, airmen in Clovis will receive little to no increase in […]

2008 Basic Allowance for Housing set

By Tom Philpott Basic Allowance for Housing (BAH) paid to service members living off base in stateside areas will climb an average of 7.3 percent next month to keep pace with local rental costs. A total of 1.2 million service members will draw BAH in 2008, an increase of 250,000 over 2007, said Susan A. […]