Preparing for a Permanent Change of Station
Back To Coaching Center
Military Life

Preparing for a Permanent Change of Station

July 17, 2018 | 1 min. read

Approximately one-third of active-duty service members are moved in a given year, according to the Department of Defense. And though you may benefit from a number of PCS entitlements, you may incur a number of unexpected —and unreimbursed —expenses as well.

To keep your out-of-pocket expenses to a minimum, do your homework before your PCS. Take advantage of resources which may be available through the transportation office, finance office, and family center at your installation. Find out which benefits you’re entitled to and determine how much of your expenses they’ll cover. You may be entitled to:

  • Advance Basic Pay —an interest-free loan of up to three months of basic pay
  • Advance Basic Allowance, Housing (BAH) —an advance on monthly pay for off-base rental housing
  • Dislocation Allowance (DLA) —helps pay for moving expenses
  • Monetary Allowance in Lieu of Transporation (MALT) —pays for mileage when you drive to your new station
  • Per Diem Allowance —helps pay for meals and lodging while you travel
  • Temporary Lodging Expense (TLE) —helps pay for meals and lodging when temporary housing is required

The better your idea of your expenses, and the better your knowledge of what’s covered, the better you’ll be able to establish a budget for your move. Be sure to figure in costs for food and household items you’ll need to purchase when you arrive, as well miscellaneous costs like deposits for utilities.

A comprehensive personal financial plan and advice from your Financial Advisor can help you experience mobility with financial stability. To learn more, contact a trusted First Command Financial Advisor today.

Share This Article

Get Squared Away®

Let’s start with your financial plan.

Answer just a few simple questions and — If we determine that you can benefit from working with us — we’ll put you in touch with a First Command Advisor to create your personalized financial plan. There’s no obligation, and no cost for active duty military service members and their immediate families.