Here are the projected 2022 military pay charts based on the Employment Cost Index (ECI) formula of 2.7%. Lawmakers use the ECI formula for wages and salaries to help determine the final military pay increase and for the past five years lawmakers have followed this … Read More...
2022 Defense Budget
The National Defense Authorization Act sets spending for military pay and benefits, defense operations and national-security programs for each fiscal year. On April 9, 2021, President Joseph R. Biden’s discretionary spending request for FY 2022 was submitted to the … Read More...
COLA Increase Watch 2022
Updated April 26, 2021 Here is a too early to tell, well in advance look at the 2022 COLA increase. How much could these things go up in 2022? The 2020 OASDI Trustees Report predicts a between a 1.5% to 2.9% increase. Inflation, a resurgence in the economy and other … Read More...
2021 VA Disability Rates
2021 VA Disability Rates saw 1.3% cost-of-living increase based on the COLA calculations. For a 50% disabled veteran with a spouse and one child who currently receives $1,056.04 per month, this amounts to about $29.68 more per month. Use the VA combined disability … Read More...
2021 Military Pay Charts
Here are the official 2021 military pay charts based on the FY2021 National Defense Authorization Act. New pay rates went into effect on January 1, 2021 and will be reflected on the paychecks that are issued on January 15, 2021. Looking ahead? See the proposed … Read More...
2021 VA Loan Limits by County
Here are the maximum conforming loan limits (CLL) for mortgages to be acquired by Fannie Mae and Freddie Mac in 2021. In most of the U.S., the 2021 maximum conforming loan limit for one-unit properties is $548,250, a 7.42% increase from $510,400 in 2020. The ceiling … Read More...
