Guide to US Veterans Benefits An Article Originally Posted on A Place for Mom Blog

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ACCESS UP TO $2,000 PER MONTH IN VETERANS AID

The Veteran’s Aid and Attendance (VA&A) Pension provides benefits to veterans and their spouses to help pay for costs of care – both in-home care and senior housing. At A Place for Mom we work with many families who are not aware of the benefit and miss out on key financial support that help pay for senior living and home care expenses.

The benefit is anticipated to change next year and could impact the number of families eligible for this financial support. We encourage families to take action now to determine their eligibility.

LEARN MORE ABOUT THE VETERAN’S AID AND ATTENDANCE BENEFIT

LEARN MORE

VETERAN’S AID AND ATTENDANCE BENEFIT OVERVIEW

2016 BENEFITS

  • $1,788 per month for a veteran
  • $1,149 per month to a spouse
  • $2,120 per month to a couple
  • $1,406 per month to a veteran with a sick spouse

ANTICIPATED CHANGE 2017

We anticipate the payout to be consistent with current level, however, we believe the eligibility requirements will change.

2016 ELIGIBILITY REQUIREMENTS

  • Veteran served during an approved war period and honorably discharged.
  • Reviews current income and assets when applying. Veteran must meet following requirements:
  • – $80,000 or less in total assets with the exception of one home and one vehicle.

ANTICIPATED CHANGE 2017

The VA has provided guidance that the eligibility requirements will change in 2017.

It is to your advantage to apply today.

VETERANS BENEFITS 101

Veterans benefits provide those who have served their country, as well as their spouses, financial assistance during their retirement years. Veterans who are at least 65 years-old* and who served during war time (though not necessarily in actual combat) may be eligible for financial assistance through the Department of Veteran Affairs (VA) that can be used to help pay for care. Spouses and surviving spouses of wartime veterans are also often eligible. Veteran’s benefits can make all the difference for families who struggling to pay for care.

For further reading:

http://www.aplaceformom.com/senior-care-resources/articles/guide-to-us-veterans-benefits?mkt_tok=eyJpIjoiTnpRME1HVTJZVGhqTjJRMyIsInQiOiJlYmpaNmVGNlhcLzJqU2o2ZUJoS1dQWEpZZkorK0lXWU5qRkhvZDR5ZDk1bzh3ZSt5dVlsaU9EWEc3TFhNTGRvZVRhRCsyRTNoUzhJbkVKSmpiQ28rZEptVWJldDhxQTRma1NCODRzUzZiWGM9In0%3D

 

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