How Are Re-enlistment Bonuses Calculated?
Accessing the current message is the best way to determine your reenlistment bonus. Bonuses will vary by Primary Military Occupational Specialty (MOS), Skill Qualification Identifier (SQI), Additional Skill Identifier (ASI) or language code (if any). They are also determined by rank (PFC, SPC, SGT, SSG, SFC).
How are reenlistment bonuses paid?
The bonus is usually paid in a lump sum of 50% paid at the time of reenlistment. The remaining bonus amount is paid in equal annual installments. It is taxable, however if you reeenlist in a tax-free combat zone or are a foreign national who reenlists OCONUS it is not taxable, and the installments are also tax-free.
The Selective Reenlistment Bonus (SRB) - Military.com
How does the Army recoup bonuses?
Refunding a Bonus – Paying Back Your Bonus You may owe a prorated refund to the government if you are unable to fulfill the terms of your contract. This will be based on the amount of money you have received and how much time remains on your contract.
Enlistment and Reenlistment Bonus Guide - The Military Wallet
When you reenlist when do you get your bonus?
Bonuses are paid in Lump Sum, at the time of re-enlistment. Member must have been separated for more than 90 days, but less than 4 years.
Army Enlistment and Re-Enlistment Bonuses - The Balance Careers