Who qualifies for the Disability Benefit?
The VA refers to the disability benefit as “compensation”. Disability compensation is for those veterans with a service related disability or illness. There are no limitations on the amount of income or assets you are allowed to keep.
What is Aid and Attendance?
There is another type of monthly benefit available which is referred to as a “pension”. The pension is generally not related to a service connected injury or illness.
Aid and Attendance is the most common type of pension benefit offered through the VA. A pension benefit may be able on a monthly basis to help pay for the care of the veteran. It is typically helpful for those in need of assistance with dressing, toileting, ambulating.
However, there are strict income and asset limitations that apply to Veteran and his or her spouse. Monthly household income can be off-set by unreimbursed medical expenses.
Home Care Benefits can be approved as aid and attendance even when provided by a family member and can also be provided to spouse of veteran.
This benefit is also income tax free and can help offset the cost of home care, and can even make assisted living more affordable.
Click here for additional information on Aid and Attendance.
Which Veteran’s may qualify?
Pension benefits available to veterans of:
- World War I – April 6, 1917 – April 1, 1920*
- World War II – December 7, 1941 – December 31, 1946
- Korean War – June 27, 1950 – Jan. 31, 1955
- Vietnam War – February 28, 1961 – May 7, 1975*
- Persian Gulf War – August 2, 1990 – to be determined
*Subject to certain qualification requirements.
You did not have to be in a war zone. The time of your service is what counts and must have been other than dishonorably discharged.
Are there Benefits available for Surviving Spouse of Veteran?
Yes. The surviving spouse must be over 65 or totally disabled and must meet the financial requirements for the pension benefit.
Planning for Pension Eligibility
Pension benefits have asset and income limits. Planning for eligibility is essential. There are planning strategies that will help qualify a veteran (or surviving spouse) for benefits. This planning must be accomplished prior to applying for a pension benefit.