Using Allotments | Military Consumer

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title" id="page-title"> <span> Using Allotments</span> </h1> </div> </div> </div> </div> </div> </div> </div> <div id="main-wrapper"> <div id="main" class="clearfix"> <div class="inner-wrapper clearfix"> <div id="content" class="column" role="main" tabindex="-1"> <div id="page-control-container"> <div class="control"> </div> </div> <div class="inner-wrapper padded"> <div class="region region-content"> <div data-drupal-messages-fallback class="hidden"></div> <article about="/spend/getting-started/using-allotments"> <div> <div class="field field--name-body field--type-text-with-summary field--label-hidden"> <div class="field__items"> <div class="field__item"><p>Allotments are payroll deductions, and a way to pay for things directly from your paycheck 鈥攂efore you see the money. Most people use them to pay for things like life insurance or repaying a military loan. DoD won鈥檛 let you set up allotments to pay for things like vehicles, furniture, electronics, and jewelry.</p><p><strong>Know if you鈥檙e eligible to set up an </strong><a href="http://www.dfas.mil/militarymembers/paydeductions/allotments.html"><strong>allotment</strong></a><strong>.</strong></p><ul type="disc"><li>Active duty service members, midshipmen, cadets, and reservists on extended active duty are eligible to set up allotments from their pay.</li><li>Retirees can set up an allotment or continue existing allotments as part their transition from active duty.</li></ul><p><strong>Know what鈥檚 discretionary and what鈥檚 non-discretionary.</strong></p><ul type="disc"><li>Discretionary allotments include payments to non-government organizations. You can set up as many as 6 discretionary allotments. An example might be regular deposits to your savings account.</li><li>Non-discretionary allotments are payments to government organizations. You can set up as many as 15 allotments to pay the government for things like buying a savings bond. The government also might set one up for you to pay overdue taxes or a loan from a military relief agency.</li></ul><p><strong>Visit your PFM or unit financial advisor to discuss your spending plan.</strong> Allotments can be helpful because they let you meet your long-term goals bit by bit. Consider how many allotments will work with your budget and how they fit into your short and long-term financial planning, including your savings goals.</p><p><strong>Ready to set up an allotment?</strong> Talk to your administrative officer to get an allotment in place, using <a href="https://www.esd.whs.mil/Portals/54/Documents/DD/forms/dd/dd2558.pdf">Form DD2558</a>. </p></div> </div> </div> </div> </article> <div class="views-element-container block block-views block-views-blockmcg-articles-block-1 block--block-content--" id="block-views-block-mcg-articles-block-1"> <div class="block-interior"> <div class="block__content content"> <div> <div class="view view-mcg-articles__block_1 view-mcg-articles view-id-mcg_articles view-display-id-block_1 js-view-dom-id-ae5f3eef831f200e78977d24f14af3361fd4091de0739eceab4174d8f0717987 view--block"> <div class="view-content"> <div class="field--life-events views-row"><div class="field--life-events"><div class="field-label inline">Life Events: 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