Pay
How Much Do You Get Paid as a Navy Doctor?
I received a few e-mails asking for help figuring out physician pay in the Navy, and this is a long overdue blog post. In the spreadsheet below is the pay info for the various stages as you move throughout your Navy Medical Corps Career. I’m making a few assumptions:
- These are FY20 pay numbers (since the FY21 pay plan is not out yet).
- You promote at the normal times (O4 at 6 years, O5 at 12 years, and O6 at 18 years).
- Basic Allowance for Housing is with dependents in San Diego. You can personalize this here.
- The specialty is Emergency Medicine. You can look at the different amounts for other specialties here.
- You pass your boards and become board-certified after residency.
For those who don’t want to look at the spreadsheet, here are the bottom line annual salaries:
- New O3 intern – $95,976
- O3 GMO – $121,803
- Mid-grade O3 EM Resident – $120,348
- New O4 EM Attending – $180,249
- O5 EM Attending on a 6-Year Retention Bonus – $264,665
- O6 EM Attending on a 6-Year Retention Bonus – $287,878
Here’s the spreadsheet with hyperlinks:
More Articles on the Social Security Tax Deferral
Here are some more articles about the Social Security tax deferral:
Order Gives Employees Social Security Withholding Tax Deferral, Not Forgiveness
Payroll Tax Deferral Takes Effect for Service Members
Troops, DoD Civilians Won’t Be Able to Opt Out of Payroll Tax Deferral Plan
Trump promises to erase troops’ 2021 deferred tax debt, but lawmakers say he can’t
Military Times Article on Payroll Tax Deferral and a Cheat Sheet
Here’s a cheat sheet developed by Dr. Dustin Schuett* for the issue discussed in the article below:
Here’s a link to the Military Times article:
More than a million troops to get temporary pay hike with payroll tax deferral — but there’s a catch
*Note: The views expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Department of the Navy, Department of Defense or the United States Government.
Joel Schofer's Career Planning Blog 