💡 How Are Reenlistment Bonuses Paid Out? - Clever.net

How Are Reenlistment Bonuses Paid Out?

The bonus is usually paid in a lump sum or 50% 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.

Do you get your enlistment bonus right away?

If your job is eligible for a bonus, you will typically receive it after you finish your basic training and initial technical training. This last statement is very important – you may sign a contract that wards you an enlistment bonus, but you don't actually earn that sign up bonus until you complete initial training.

Enlistment and Reenlistment Bonus Guide - The Military Wallet

How are enlistment bonuses paid out?

Bonuses are paid in Lump Sum, at the time of re-enlistment. ... Soldiers with broken service selective reenlistment bonus program will reenter on active duty in grades E-4 through E-6 depending upon qualifications and vacancies — in other words, “the needs of the Army”.

Army Enlistment and Re-Enlistment Bonus Information - The ...

How long does it take to get paid a reenlistment bonus?

The initial payment of your Selective Re-enlistment Bonus (SRB) should take no longer than 30 days from the date of re-enlistment. If, after 30 days, you have not received your payment, you should contact your servicing finance officer, career planner, or admin or personnel office.

Frequently Asked Questions - Defense Finance and ...