Veterans benefits

Veteran Benefits You May Not Know About

It is common knowledge that the Department of Veterans Affairs offers many benefits, including the GI Bill and TriCare. Many other programs are also available to help veterans and their families. Financial assistance for medical bills and other expenses, such as health care and educational programs, may be available for veterans and active duty military personnel. You may not be aware of these veteran benefits, so you should Check them.

Long-term care

The cost of long-term care can be prohibitive for some families, but it is often necessary. Long-term care costs may be covered by the Assistance and Attendance program if a veteran qualifies. Couples eligible for up to $25,020 in annual care and assistance benefits may be able to use this benefit to cover a significant portion of their long-term care costs. To help cover 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 an ill veteran at home, the Department of Veterans Affairs offers a Caregiver Support Program. Caregivers can use a toll-free helpline and coordinator who can guide them through the process of identifying and using military benefits.

Death benefits

Families who lose a loved one who was a veteran can take advantage of a few special programs. Burial and funeral expenses may be provided to surviving spouses and dependents of deceased veterans.

The veteran’s service may also be recognized by the presentation of a Presidential Memorial Certificate and an American Flag to be draped over the casket.

The following items may also be available to honor an eligible veteran, service member, or family member: a niche marker on a headstone or a government medallion.

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

Non-degree/certificate programs outside of college

The Montgomery or Post-9/11 GI Bill is an option to consider in order to pay for college tuition and other professional training or certifications. These are just a few examples:

  • Work on the heating and air conditioning unit
  • Being responsible for a large utility vehicle
  • Emergency Medical Technician Cosmetology School
  • Aviation School Certification as Scuba Dive Master

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

Veteran Readiness and Employment Program

At least a service-related disability rating of 10% of VA or being on active duty and awaiting a 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 access employment supports and services. In addition to the GI Bill and other VA programs, VR&E provides social and educational 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 provides employers with a financial incentive to hire veterans with disabilities who face employment challenges.

GI Bill® credits can be transferred

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

Free tax prep

Volunteer Tax Assistance (VITA) offices on military bases provide free tax preparation services to veterans and their families. VITA’s tax experts are well versed in military tax issues.

Life insurance

Due to their military service, many veterans find it difficult to obtain traditional life insurance, especially if they have been injured or disabled in some way. Through the Veterans Group Life Insurance Program, veterans may be eligible for coverage of up to $400,000 in the event of death. The VA states that you must submit your application within one and a half years plus 120 days of your separation from active duty. Don’t wait until the last minute to get started. Within 240 days of your separation, you are exempt from providing proof of good health for the purposes of applying for VGLI.

Mortgage help

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