Is SRB In A Lump Sum?
The SRB may be paid in a single lump sum or in annual installments.
Are enlistment bonuses lump sum?
Payment of Bonuses Enlistment bonuses totaling less than $10,000 are paid in one lump sum upon successful completion of initial entry training.
Army Enlistment and Re-Enlistment Bonuses - The Balance Careers
How do you compute SRB amounts?
Calculate the First SRB Payment In another example, say someone in Zone A with special reconnaissance skills decides to re-enlist for a term of three years. Multiply her monthly salary by the length of re-enlistment, like this: $5,778 x 3 = $17,334.
How to Calculate a Selective Re-Enlistment Bonus and First ...
You will also have taxes automatically withheld from your bonus, generally at the 25% or 28% rate. This is automatically done by the government, and not something you can change. If the withholding is too high for your tax bracket, then you will likely receive a larger than normal refund the following year.
Enlistment and Reenlistment Bonus Guide - Understanding the Rules
Re-Enlistment Bonus (SRB) SRB may be paid to a U.S. Armed Forces enlisted member who meets certain conditions. Reenlistment bonus amounts may vary depending on member's prior years of service. The member receives 50% of the bonus up front and the remaining balance is paid in annual installments.
Military Pay Codes