Finances
A Soldier's base salary is generally determined by his or her rank and years of service. In addition to Basic Pay, Soldiers may also earn additional pay for performing special tasks, or for working certain jobs.
Most Active Duty Officers and enlisted Soldiers are eligible for living allowances designed to offset the costs of food, clothing, or off-base housing among a long list of others.
Active Duty Starting Monthly Pay |
Army Reserve Starting Drill Pay |
|||
| Private E-1 (less than four months) | $1,865 | Private E-1 (less than four months) | $248 | |
| Private E-1 (more than four months) | $2,017 | Private E-1 (more than four months) | $268 | |
| Private E-2 | $2,261 | Private E-2 | $301 | |
| Private First Class E-3 | $2,377 | Private First Class E-3 | $317 | |
| Specialist E-4 | $2,633 | Specialist E-4 | $351 | |
| Sergeant E-5 | $2,872 | Sergeant E-5 | $382 | |
| Warrant Officer W-1 | $3,739 | Warrant Officer W-1 | $498 | |
| Chief Warrant Officer W-2 | $4,260 | Chief Warrant Officer W-2 | $568 | |
| Chief Warrant Officer W-3 | $4,815 | Chief Warrant Officer W-3 | $642 | |
| 2nd Lieutenant O-1 | $3,826 | 2nd Lieutenant O-1 | $510 | |
| 1st Lieutenant O-2 | $4,408 | 1st Lieutenant O-2 | $587 | |
| Captain O-3 | $5,102 | Captain O-3 | $680 | |
| *Pay rates below are for less than two years of total service; amounts are rounded to the nearest dollar. | ||||
| Source: DFAS Pay Tables effective Jan. 1, 2024 | https://www.dfas.mil/MilitaryMembers/payentitlements/Pay-Tables/ | |||
Thrift Savings Plan (TSP)
The Thrift Savings Plan allows a Soldier to set aside a monthly amount from his or her paycheck to meet
future needs, especially retirement. TSP is separate from the military retirement system, which is based on years
of service and rank.
https://www.tsp.gov/
Family Members: click here to access information designed to assist families of Future Soldiers
Training Locations
Family Services
Future Soldier Family
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Training.
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Future Soldier Training
Program
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