The Importance of Financial Planning: Insights from Fort Riley Finance

Overview of Fort Riley Finance

Fort Riley Finance

Fort Riley Finance is responsible for managing financial resources, providing financial advice and guidance, and supporting the financial well-being of the military personnel, family members, and civilians at Fort Riley. With the aim of enhancing financial readiness, Fort Riley Finance offers a range of services to those associated with the base.

The Finance Office at Fort Riley provides numerous financial services to support the military personnel and their families. These services include managing and processing travel claim vouchers, providing financial counseling, processing pay and allowances, and managing pay issues of Army soldiers. The Finance Office offers a high level of financial expertise to ensure the timely and accurate payment of soldiers.

Fort Riley Finance also plays a crucial role in supporting the mission readiness of the soldiers. The well-equipped resources and experts at the Finance Office assist the soldiers with preparing their individual financial plans, making sound financial decisions, and ensuring that they are financially prepared for any mishaps in their lives.

The financial experts at Fort Riley also keep an eye on the changing policies and regulations related to the financial aspects of the soldiers’ lives. They continuously update the military personnel on the latest changes and amendments, which can impact their financial futures. The Finance team also delivers workshops to educate the community on different areas of personal finance like budgeting, credit management, investing, big-ticket purchase, and a lot more.

Fort Riley Finance has put significant emphasis on financial education, mentoring, and training to assist the military personnel and their families in making informed financial decisions. The different programs offered include Military Saves, which is a campaign to help military families enhance their savings behavior, and the Thrift Saving Plan (TSP), which helps military personnel make the most out of their retirement savings.

Fort Riley Finance understands that the financial needs of the military personnel can be diverse and complex. As such, they offer customized services to help each person meet their individual financial needs. Additionally, Fort Riley Finance supports the financial needs of the families of deployed soldiers by offering emergency financial aid programs.

In conclusion, Fort Riley Finance is committed to offering reliable, efficient, and effective financial services to support the financial well-being of the military personnel and their family members at Fort Riley. They also ensure that the financial plans of the soldiers align with their personal goals while providing expert financial advice, education, and information.

Services Offered by Fort Riley Finance Office

Fort Riley Finance Office

Fort Riley Finance Office provides a variety of vital financial services that are essential for the smooth functioning of an army installation. The finance office is responsible for the administration of pay and allowance, travel and transportation, defense relocation program, and other financial matters. The office ensures that quality financial services are provided to the soldiers, their families, and civilians. In this article, we will discuss the primary services offered by Fort Riley Finance Office are:

Pay and Allowance Services

Fort Riley Pay and Allowance Office

The Pay and Allowance Services provided by Fort Riley Finance Office cater to the soldiers and their families. The finance office ensures that the soldiers receive their paychecks on time, and that the pay is accurate. When a soldier deploys, the finance office ensures that their family receives the correct pay and allowances. The Pay and Allowance Services team also assists soldiers and their families in resolving any pay issues and provides counseling on financial management.

The Pay and Allowance Services team processes military pay, travel pay, and special pay such as hazardous duty pay, parachute jump pay, and reenlistment bonuses. The team also maintains the Leave and Earnings Statements (LES) of all active-duty, reserve/guard, and retired personnel assigned to the unit. The LES reflects the service member's pay, entitlements, allotments, deductions, and leave.

The finance office is responsible for the coordination and processing of Military Pay Entitlements. The team ensures that military pay entitlements are computed accurately based on rules, regulations, and policies applicable to each service member's situation. They maintain and update the pay system to ensure that soldiers receive accurate pay and allowances. They also provide assistance to service members and their families in resolving pay issues, correcting entitlement deficiencies, and answering pay-related questions.

Fort Riley Finance Office maintains an on-line pay system, which is accessible to service members and their families. The "MyPay" system allows soldiers to view their Leave and Earnings Statement (LES), W-2 statements, and other pay-related documents electronically. Soldiers and their families can use the system to update their personal and pay information, such as change of address, banking information, and allotments.

Travel and Transportation Services

Fort Riley Travel and Transportation Office

The Travel and Transportation Services provided by Fort Riley Finance Office assist service members and their families with all aspects of travel planning and execution, including temporary duty travels, permanent change of station, and return travel from overseas assignments. The office offers travel counseling, travel arrangements, travel payment, and claim processing services.

Travel counseling services include advising service members on the changes to the Joint Travel Regulations (JTR), per diem payment rates, transportation options available, and travel-related documents. They assist in planning the most efficient and economical travel itinerary for service members, their family members, and other authorized personnel.

Travel arrangement services include scheduling and booking of flights, lodging accommodations, and rental car reservations. The travel team handles all the booking requirements to ensure that service members and their families have a smooth travel experience.

Travel payment services include the preparation of travel advances and direct payment of the travel expenses incurred by a service member and their authorized dependents.

The claim processing team assists the service member in filing for reimbursement for the expenses incurred on authorized travel. They verify the claim for correctness and completeness and approve or reject the claim accordingly. Claimants can track the status of their claims through an on-line tracker.

Fort Riley Finance Office also provides guidance and assistance to service members who are planning a Permanent Change of Station (PCS). They provide an overview of the PCS process and organize classes to educate service members about the PCS requirements, transportation options available, and other related matters.

The Travel and Transportation team ensures that the service members and their families have a hassle-free travel experience by providing them with information, guidance, counseling, and the necessary services and support.

In conclusion, Fort Riley Finance Office is committed to providing quality financial services to service members, their families, and civilians in a prompt, courteous, and professional manner. The finance office's Pay and Allowance Services and Travel and Transportation Services ensure that the financial needs of the army personnel are met efficiently and effectively.

Financial Assistance Programs for Military Personnel at Fort Riley

Financial Assistance Programs for Military Personnel at Fort Riley

Being a military personnel at Fort Riley involves many financial responsibilities such as housing costs, education expenses, healthcare, and many others. With this in mind, various financial assistance programs have been established to help military personnel here. These programs offer various kinds of financial aid to support enlisted personnel, their spouses, and children. The following are some of the financial assistance programs available for military personnel at Fort Riley:

Army Emergency Relief (AER)

The Army Emergency Relief (AER) program provides financial assistance to active-duty military personnel, their dependents, and retirees. The program offers loan assistance such as emergency travel expenses, car repairs, funeral expenses, and under certain circumstances even food. All these can be accessed through the Financial Readiness Program at Fort Riley. Every year, AER assists hundreds of military personnel and their families with their financial needs. For more information, visit

Family Subsistence Supplemental Allowance (FSSA)

The Family Subsistence Supplemental Allowance (FSSA) is a financial assistance program for military families who have a low-income living below the poverty line. The FSSA can assist the military family to overcome their difficulties by providing them with additional funds to help with groceries and other household needs. The program can be applied through the Army Community Service (ACS) program administered here at Fort Riley. More information is available on the website,

Army Emergency Relief (AER) Scholarship Program

The Army Emergency Relief (AER) Scholarship Program provides educational scholarships for dependent children and spouses of active-duty soldiers and retired soldiers. The scholarship can be used for college, community college, and vocational courses. The AER Scholarship has been a significant assistance program for families struggling to pay for educational costs. The scholarship award varies depending on the demand, need, and number of applicants.

Education and Employment Program

The Education and Employment Program is a financial assistance program designed to assist soldiers and spouses with their education and career goals. Through the program administered by both the Army Education Center and Army Community Services, military personnel and their families have access to a wide range of educational services, including tuition assistance, preparation for college entrance examination, resume review, and career counseling. The program also provides military personnel with employment assistance, which includes job placement, vocational training, and interview skills coaching.

Military Spouse Career Advancement Account (MyCAA)

The Military Spouse Career Advancement Account (MyCAA) is a financial assistance program designed to encourage military spouses to pursue education and employment opportunities. It is an employment training program provided by the Department of Defense (DoD) that helps military spouses pursue their career aspirations through funding provided by the DoD. The program provides financial assistance for education, career counseling, and other resources to help spouses find meaningful employment. Eligible military spouses can access particular funding for an associate's degree, certification, or licensure in high-demand fields."

In conclusion, Fort Riley is committed to providing support and assistance to military personnel and their families. These financial assistance programs offer a range of financial assistance to help relieve the financial burden that military personnel may face. It's a testament to the commitment and gratitude that Fort Riley and the entire US Army has for military personnel and their families.

Tips for Managing Finances as a Military Family at Fort Riley


Being part of the military service is undoubtedly a unique experience that fills you with pride and an unbreakable sense of patriotism. At Fort Riley, being part of the vibrant military community is no exception. However, with exciting benefits come unique challenges, especially when it comes to managing finances.
As a military family, you may face financial stress due to frequent relocations, deployment, and limited financial resources. Fortunately, there are simple and practical ways to manage your finances and stay on top of your budget.

Create a Budget


The first step in managing your finances is to create a budget. A budget is a plan that guides your spending habits and helps you take control of your finances. Start by identifying your income and expenses and organizing them into categories. Your income includes your salary, allowances, and bonuses. Your expenses include rent, food, transportation, utilities, and other bills. Once you have these two sorted, develop a spending plan that aligns with your financial goals and priorities. Review your budget regularly to make adjustments as needed.

Use Military Discounts


Military discounts are a great way to save money on various goods and services. Many stores, restaurants, and service providers offer discounts to military personnel and their families to show appreciation for their service. Take advantage of these discounts to stretch your budget further. Before making any purchase, it is always a good idea to ask if there are any available military discounts.

Plan for Emergencies


Emergencies can occur at any time, and being prepared could save you from financial ruin. Unfortunately, emergencies such as a sudden illness, job loss, or home repair can cause financial stress on your military family. To plan for emergencies, start by building an emergency fund. Set aside some money every month until you have enough saved to cover at least three to six months of living expenses. Additionally, consider purchasing insurance policies for health, automobile, and home to protect yourself from unexpected expenses.

Get Professional Financial Advice


Managing finances as a military family may seem complicated, but it doesn't have to be. Consider seeking the services of a financial advisor to help you create a structured financial plan. Financial advisors can help you with investment planning, debt management, tax planning, and many more financial services. Additionally, they can provide financial education and counseling to help you and your family make informed financial decisions.

In conclusion, managing finances as a military family can be challenging; however, with these simple tips, you can take control of your finances and build financial stability. Remember to create a budget, use military discounts, plan for emergencies, and seek professional financial advice to manage your finances effectively. With these tips, you can achieve financial freedom as a military family at Fort Riley.

Future Developments in Fort Riley Finance and Accounting Services

Finance and Accounting Services

Fort Riley is constantly improving its finance and accounting services to meet the needs of its soldiers and their families. In the future, the fort plans to implement several new developments to better serve its community.

One of the most anticipated developments is the implementation of an online finance portal. This secure portal will allow soldiers to access their personal financial information, pay statements, and tax documents from anywhere in the world. Soldiers will be able to update their personal information, adjust their tax withholdings, and manage their direct deposit settings from the convenience of their smartphone or computer.

Another development in the works is the integration of artificial intelligence into the finance and accounting services. The goal of this integration is to improve the accuracy and efficiency of financial calculations and transactions. Machine learning algorithms will be used to analyze financial data and make predictions for future trends. This will allow Fort Riley to create more accurate and thorough financial reports.

In addition to these technological developments, Fort Riley is also expanding its financial counseling services. The fort is in the process of hiring additional financial counselors who will be available to soldiers and their families. These counselors will provide one-on-one financial advice, portfolio management, and investment planning services. This expansion is part of Fort Riley's commitment to helping soldiers and their families achieve financial stability and security.

Fort Riley is also working to streamline its accounting processes. In the near future, the fort plans to implement an automated accounting system that will handle the majority of accounting tasks. This system will reduce the amount of manual data entry required, minimize the risk of errors, and improve the accuracy of financial reports.

Finally, Fort Riley is always exploring new ways to save money and maximize its resources. To this end, the fort is currently investigating the feasibility of implementing a shared services model for its finance and accounting services. This model involves consolidating financial functions across multiple units to reduce redundancies and improve efficiency. If successful, this model could provide significant cost savings for Fort Riley.

In conclusion, Fort Riley is committed to providing world-class finance and accounting services to its soldiers and their families. These future developments will improve the accuracy, efficiency, and convenience of these services. By continuing to invest in these developments, Fort Riley will ensure that its soldiers have the financial tools and resources they need to achieve their goals and live fulfilling lives.

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