Category:
Pay & Allowances

Subcategory:
Allotments

Created:
2005-12-12

Modified:
2005-12-12

What is an Allotment?

Question

What is an allotment?

Answer

An allotment is an amount of money designated by the servicemember that is automatically withheld and distributed from his/her pay.  

Servicemembers elect to start allotments for various reasons including starting a savings account, paying off loans, insurance, etc.

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