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Military BAH Calculator for 2013 Released

December 17th, 2012 at 08:02 am

The 2013 BAH calculator for military was released today. You can find the calculator here.

Basic Allowance for Housing is non taxable for US military members and is to provide for those of us who do not have access to housing on a military post or chose to live off post. The average increase was to be 4.2% over last year.

In our case, our housing allowance increased 14.67%. That is the first time our increase has ever been that high. In dollars it is an increase of $170. We are actually receiving less BAH in our new town as compared to our old one because housing is less expensive here.

With this new information on our housing allowance I can more closely estimate our paychecks for next year. We will definitely see an increase. I plan to put some towards meeting the new Roth IRA maximum contributions, which for us will be $83.34 each month. The remainder I plan to put towards that truck loan until it is paid off!! Right now that looks to be about $112.

I did base my paycheck calculations on the assumption that the payroll tax holiday will expire and increase our social security withholding by 2%. Not pretty, but at least we know what to expect there!

If you want to estimate your paycheck, look at at PaycheckCity. Have you estimated any changes in your paycheck for next year? Is it good or bad?

1 Responses to “Military BAH Calculator for 2013 Released”

  1. Beawealthywarrior Says:

    Oh how I miss the days on active duty when we got these increases...........Not, I'm loving the retirement life Wink

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