Wednesday, June 29, 2022

Benefits of Veterans you may not be aware of

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It is well known that the Department of Veterans Affairs offers numerous benefits, including the GI Bill and TriCare. There are also many other programs available to help veterans and their families. Financial aid for medical bills and other expenses, such as health care and education programs, may be available to veterans and active-duty military personnel. You may not be aware of these veteran benefits, so you should: Check them out

Long-term care

The cost of long-term care can be prohibitive for some families, but it is often necessary. Long-term care costs can be covered by the Aid and Attendance program if a veteran qualifies. Couples who qualify for up to $25,020 in annual Aid & Attendance benefits can use this benefit to help cover a significant portion of their long-term care costs. To help with long-term care costs, spouses and children of veterans can receive up to $13,560 per year.

Caregiver Support

For those who choose to care for a sick veteran at home, the Department of Veterans Affairs offers a caregiver support program. Caregivers have access to a toll-free helpline and coordinator who can guide them in identifying and using military benefits.

Benefits upon death

Families losing a loved one who was a veteran can take advantage of a few special programs. Funeral and burial allowances may be available to surviving spouses and next of kin of deceased veterans.

The service of the veterans can also be recognized by the presentation of a Presidential Commemorative Certificate and an American flag to drape over the coffin.

The following may also be available to honor a veteran, military, or eligible family member: Niche marking on a headstone or government medallion.

There are different eligibility criteria based on when and how long a veteran has served.

Non-University Degree Programs/Certificates

The Montgomery or Post-9/11 GI Bill is an option to consider paying for college courses and other vocational training or certifications. These are just a few examples:

  • Work on the heating and air conditioning unit
  • Being responsible for a large commercial vehicle
  • Cosmetic School of Emergency Medical Care
  • School of Aviation’s Certification as a Scuba Dive Master

The VET TEC program, which provides training in coding boot camps and other information science programs, software training, and so on, also offers non-university degrees. Veterans can also take advantage of several free IT certifications.

Veterans Preparedness and Employment Program

At least a 10% service-related disability rating from the VA or being on active duty and awaiting medical discharge may be required to qualify for the Veterans Readiness and Employment (VR&E) program.

Since its inception in 2009, the VR&E program has helped veterans with service-related disabilities obtain employment assistance and services. In addition to the GI Bill and other VA programs, VR&E offers employment and education benefits. Training, resume development and internship opportunities are all part of VR&E services.

There is a program called VR&E Special Employer Incentives that gives employers a financial incentive to hire disabled veterans who are dealing with work-related issues.

GI Bill® credits are transferable

If you meet certain service requirements, you may be able to transfer unused GI Bill benefits to your spouse or dependent children.

Free tax preparation

Volunteer Income Tax Assistance (VITA) offices at military bases provide free tax preparation services for veterans and their families. VITA’s tax experts are well versed in military tax matters.

life insurance

Because of their military service, many veterans find it difficult to obtain traditional life insurance, especially if they are injured or disabled in some way. Through the Veterans’ Group Life Insurance program, veterans can qualify for coverage up to $400,000 in the event of death. The VA states that you must submit your application within a year and a half plus 120 days after you leave employment. Don’t wait until the last minute to get started. Within 240 days of your divorce, you are exempt from presenting proof of good health to apply for VGLI.

Mortgage Help

The Department of Veterans Affairs can provide financial assistance to veterans who are having trouble paying their mortgage (VA). Options for those struggling to repay their loans include forbearance and change programs. Benefits for veterans with VA loans and the homeless can be obtained through the VA.

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