Question: What kind of pay does a 26 year old Army Capitan with eight years experience make?
It depends on where you live and if you have dependents, but it is about 70K before taxes, not counting any special pay (flight pay, etc) or bonuses.
Couldn't easily find info on quarters, subsistence, combat zone pay, etc.
Just for an example, a married Captain stationed at Fort Benning, GA with no special pays or bonuses would make $74,035 per year before taxes.
Basic Pay is $4833.00 before taxes each month
Subsistance Allowance is $192.74/month non-taxable
Housing Allowance is Single $789.00/month non-taxable, Married $936.30/month non-taxable
How could they have joined at 18 and gone to college? Are you officially “in the military” when you join ROTC? Not taking anything away from them, but I don’t see how this works?
In addition to basic pay, officers (and enlisted) also receive certain non taxable allowances.
On top of that, there are tax exemptions for serving in certain areas, as well as some other programs designed to enhance the annual income of our Military volunteers.
Actually, some do quite well if they are smart about how they do certain things.
Do you have a problem with that?
http://www.dfas.mil/militarypay/2006militarypaytables.html
is the web site. Click on the pdf. There are 11 pages to include other pay besides base pay.