1. Home
  2. Taxes General Forum
  3. Military Retiree Pay Dates Are Changing

Military Retiree Pay Dates Are Changing

Direct from DFAS - for your perusal and enjoyment.

NOTE - retirees will get 13 checks in 2011 so be ready for some questions as this may change other items in their return, especially the taxable portion of any SSA payments coming in and other items such as phase-outs.

Gene E. Utterback, EA, RFC, ABA

Release No. 09-01-11

Sept. 6, 2011

Military retiree pay dates to change

CLEVELAND (AFRNS) -- Paydays for military retirees and those who receive portions of retired pay are changing for September and December, as the Defense Finance and Accounting Service changes its pay schedule to comply with the 2011 National Defense Authorization Act.

The 2011 NDAA requires military retiree pay to be processed on the first day of the month. When that day falls on a weekend or national holiday, the pay date is moved to the previous business day.

This year payments normally scheduled for Oct. 3 will be issued on Sept. 30, and payments normally scheduled for Jan. 3, 2012, will be issued on Dec. 30. For calendar 2011, this means military retirees will receive 13 rather than the normal 12 payments.

The 13th payday on Dec. 30 falls within the 2011 tax year which could affect the tax liability of some retirees and those who receive portions of their retired pay. Customers should speak with a tax adviser, the Internal Revenue Service or their state tax authority to determine if their tax withholding will satisfy federal and state income taxes when they file returns next year. DFAS officials cannot provide tax advice.

For tax year 2012 and beyond, retirees will receive their normal 12 payments.

This change affects regular retired pay, Concurrent Retirement and Disability Pay and Combat Related Special Compensation. The new rule also applies to retiree allotments, garnishments and court-ordered former spouse and child support payments. It does not affect annuity payments.

If retirees need to make changes to their federal or state tax withholding, the quickest and most secure way to do so is through myPay. Available 24/7, myPay enables eligible users worldwide to make routine changes to their pay information, including tax withholding, that become effective within days.

Customers who cannot access myPay can change federal withholding amounts by completing a new IRS Form W-4 or W-4P, or change state withholding amounts using a DD 2866. These forms can be found on the DFAS website

formatting link
and should be mailed or faxed to the below address once completed:

Defense Finance and Accounting Service

U.S. Military Retired Pay

P.O. Box 7130

London, KY 40742-7130

Fax: 800-469-6559

It may take up to 30 days for changes to be made when mailing in a paper form. (Courtesy of DFAS)

For more retiree news and information, please visit

formatting link

Reply to
Gene E. Utterback, EA, RFC, AB
Loading thread data ...

How can we get 13 checks in tax year 2011, yet "For tax year 2012 and beyond, retirees will receive their normal 12 payments"

Seems to me we will get 11 checks (payments) in tax year 2012. With his dislike of the military, the Spender-in-Chief is certainly not going to give military retirees an extra month's pay.

Reply to
starrin

"starrin" wrote

January's check will always forever more (until Congress changes it) be received at the end December. So for 2011, the year they change things) there's that one month bump, or 13 payments.

Reply to
paulthomascpa

"paulthomascpa" wrote in news:P-adnTC6vrcKTvXTnZ2dnUVZ snipped-for-privacy@giganews.com:

What's intersting is my wife and I both receive retired pay but have different banks. My bank always credits my account on the 1st, while my wife's bank almost always credits her account on the 29th-31st. So I have to always reconcile the 1 January payment against the

1099-R.

scott s. ..

Reply to
scott s.

I will quickly get tired of this crap. President Obama is no more anti- military than President Bush before him. In fact, given the GOP willingness to screw veterans in every way possible and under-equip our armed forces as they go into battle, it is clear that Republicans are no more patriotic than Democrats.

My preference is to keep politics out of m.t.m. completely but I will no longer tolerate lies about politicians the poster doesn't like.

Reply to
Bill Brown

Round of Applause!

Reply to
paultry

I have my own political views. Quite frankly, I like to consider myself a good, conservative and I used to think I was a good republican. But the reality I've come to live with, especially as I age, is that I don't like much of what EITHER side does, politically for sure, but especially when it comes to tweaking the tax code and invading private property rights. I know I'm not the one getting slammed here, but I wanted to say that I TRY, though I may occasionally fail, to keep my personal politics OUT of my posts.

And for what its worth, I think it is impossible to judge any president WHILE he's still in office. There is no way to please all of the people all of the time. It takes time, perhaps 10-15 years OR MORE, before we can look back objectively - and I'm not 100% certain we can do it then.

I don't care for President Obama's politics, but I will give the man credit - he truly seems to believe in what he's promoting. And while I liked Bush (both version 1.0 and 2.0), I didn't like EVERYTHING they did either - much the way I've felt about every president since Cater - the first president I was eligible to vote for.

I agree completely with the OP - to the extent possible, and especially when it comes to this NG, we should leave the mudslinging to the politicians and the media.

Gene E. Utterback, EA, RFC, ABA

Reply to
Gene E. Utterback, EA, RFC, AB

I had an ex-Congressman friend of mine who always said he figured he displeased 15% of the electorate by waking up in the morning.

Reply to
Kurt Ullman

I see that this says "It does not affect annuity payments." I am interested in knowing if this affects DoD Civil Service Retirees/Annuitants. (Does the phrase "annuity payments" mean "non-military"?)

Thanks in advance for your help.

Reply to
Ellen Hall

"Ellen Hall" wrote in news:3qGdncV94be87_DTnZ2dnUVZ snipped-for-privacy@earthlink.com:

I suspect the reference to "annuity" is for payments to a benficiary when a deceased retiree participated in the Survivor Benefit Plan (SBP). Don't quote me on that though!

scott s. ..

Reply to
scott s.

From the US Office of Personnel Management Retirement Information and Services web page

formatting link
Monthly Annuity Payment Dates February 1, 2011 March 1, 2011 April 1, 2011 May 2, 2011 June 1, 2011 July 1, 2011 August 1, 2011 September 1, 2011 October 1, 2011 November 1, 2011 December 1, 2011 January 3, 2012 February 1, 2012

Reply to
paultry

Thank you both.

Reply to
Ellen Hall

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.