Investing Deployment Pay for Maximum Impact

How soldiers can make the most of deployment income

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Deployment pay isn’t just higher, it’s often tax-free. That makes it one of the most powerful times to invest. But it only works if you plan before you leave.

Disclosure:

  • This article is for educational purposes only and is not financial advice. Always do your own research or speak with a licensed advisor before making investment decisions.

Why Deployment Pay is Special

  • Extra allowances increase your income

  • No taxes means more to invest

  • Fewer expenses overseas make saving easier

How to Invest Deployment Pay

  • Max out TSP contributions (When I was deployed they offered to match up to $10,000 dollars. That's a free $10,000 dollars, which was also tax free.)

  • Open or add to a Roth IRA for tax-free growth

  • Add extra to your index fund portfolio

  • Set automatic transfers before deployment so money works for you

Final Word

Deployment pay can be life-changing if you invest it wisely. Set up your accounts before you leave so your money grows even when you’re focused on the mission.

Other Recommended Tools for Soldiers

👉 Investing Platforms Hub
Make consistent investing easy with automation.

👉 Savings Accounts Hub

Park short-term money safely while investing the rest.

More to explore:

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The information provided by Wealth While You Serve is for educational purposes only and does not constitute financial, legal, or tax advice. Always consult a qualified advisor before making financial decisions. Some links on this site are affiliate links, which means we may earn a small commission at no extra cost to you. This helps us continue offering free resources for military members and their families.