Tiny Known Veterans Pension That can Make You Nearly $22,000 a Year Tax Free of charge!

VA Improved Pension Profit

In the event you have not heard of it, you aren’t on your own. At the moment there’s a ground swell effort and hard work to inform veterans relating to this gain. The Governor of Illinois felt it was this kind of a serious situation that he developed a non-profit corporation to operate with other organizations, provider teams and people like us, to get the word out and to educate Veterans as well as the families on this benefit. You will find about 22 million veterans during the Usa and about two billion pounds of advantages that go untouched every year. Along with a ton of it has to try and do along with the incontrovertible fact that folks just really don’t understand that the benefits are offered. They don’t know that they qualify plus they don’t learn how to apply.battle buddy foundation

You can observe that it says “Aid & Attendance and Housebound”. The power of this benefit is that it provides extra income when you need it most, when you health changes and you need care. How many of you have helped care for a loved one? How many of you know someone who has lost just about everything because of the cost of care?

You know when this advantage was introduced in 1952; long-term care wasn’t this kind of a big issue. Households stayed close. Not so many children went away to college, and then farther away for their careers. Things were pretty simple.

Now people are busy, busy. Children are scheduled in soccer, gymnastics, ballet, t-ball, so many events that they eat supper on the road, order meals by numbers “I’ll have a #2 meal super-sized” and it’s a different world.

So now, long-term care cost is usually a fact of life. We can’t rely on family. And most of us, being really honest would rather NOT have a family member help us with those really personal care needs.

So would extra money help your family when you need care? Sure! Most of us are certainly not going to turn it down, especially when you’ve already earned it. That’s why the Enhanced Pension Gain is so important.

Qualifications for Veterans & Widows

So individuals ask, “What are the qualifications for this reward?” The first qualification is a discharge from military services that is anything BUT dishonorable.

The veteran must have served at least 90 days of active duty with at least ONE day served during a declared state of war. Now you did not actually have to be in combat. As an example, you could have been a clerk in San Diego harbor, and never left US shores. As long as you had 90 days active support, you did not have a dishonorable discharge and one day was during wartime, you qualify on those points.
Finally, you have to be totally disabled, OR age 65 and older. This reward has been on the books since 1952 and one of the reasons Veterans didn’t take advantage of it was that they thought you had to be disabled. Let’s take a look at this gain. It can be a pension. At what age do we generally qualify for a pension? The age we start receiving a pension is when we hit retirement and that is usually at age ….??? Right, 65! So it makes sense that in case you are 65 or older, then you qualify for the pension, because of your age. It doesn’t matter that you’re not disabled.

Declared States of War

The next thing persons want to know is, “What are the Declared States of War?” How many of you were within the Korean War? You will remember that during the Korean War, it was called a Police Action, an advisory thing, right? Vietnam was that way, too. However, for advantages related to Periods of War, these are the dates and events recognized by the Department of Veterans Affairs. These are the wars that count for this advantage.