Army Offers $40,000 Post-Service Bonuses

Team Infidel

Forum Spin Doctor
San Diego Union-Tribune
May 2, 2008
The Army is offering recruits up to $40,000 to buy a house or open a small business at the end of their first enlistment term – one of the most generous incentives it has offered since the creation of the all-volunteer military in 1973.
Since the program known as the Army Advantage Fund launched in five recruiting markets – Albany, N.Y.; Cleveland; Montgomery, Ala.; San Antonio; and Seattle – in February, 123 enlistees have opted for the benefit.
Unlike cash bonuses that are paid immediately after the enlistment paperwork is processed, soldiers won't see Advantage Fund money until the end of their three-, four-or five-year enlistment term.
The decision to offer the benefit came from polling that found that people in the prime enlistment age groups said owning a home was as important as a college education or the right job skills, said Lt. Gen. Benjamin Freakley, the Army's top recruiting officer.
--Newhouse News Service
 
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