Thought for the group...
My PEBLO called me on Wednesday and told me my rating. VA rated me 100%, Army rated me 100% . I should get the paperwork tomorrow (depending on FEDEX). I posed a question earlier this weekend on what the 100% from the Army means. I was informed that it means if I elect to take the Army's 100%, I would receive 75% of my high 3 base pay. As a E7 that would be the same amount if I took the VA payment. From what I understand, the 75% of the high 3 would be taxed but the VA 100% would not. Both payments before taxes is within $100ish of each other. I'm leaning towards taking the VA since its supposed to be tax free.
What's your opinion?
My PEBLO called me on Wednesday and told me my rating. VA rated me 100%, Army rated me 100% . I should get the paperwork tomorrow (depending on FEDEX). I posed a question earlier this weekend on what the 100% from the Army means. I was informed that it means if I elect to take the Army's 100%, I would receive 75% of my high 3 base pay. As a E7 that would be the same amount if I took the VA payment. From what I understand, the 75% of the high 3 would be taxed but the VA 100% would not. Both payments before taxes is within $100ish of each other. I'm leaning towards taking the VA since its supposed to be tax free.
What's your opinion?