March arrives with good news if you are eligible for the Veterans Affairs (VA) benefits program. Recently, the Veterans Benefits Administration (VBA) confirmed a $3,000 benefit payment for this month. Additionally, all beneficiaries will get a 3.2% raise in their VA disability payments.
Veterans Affairs Benefits (VA) are a type of benefit that many former militar members in the United States receive to help them make ends meet after they have returned to civilian life. The VA benefits program provides a diverse range of benefits and services to veterans, their families, and survivors. Benefits may include healthcare, disability compensation, education assistance, and home loans.
VA disability pay, often known as disability compensation, is a tax-free monthly payment made to veterans who have a service-related disability and received an “other than dishonorable” discharge. Those veterans may be eligible for a tax-free monthly payout ranging from $165 to nearly $3,600. Learn how to apply for VA disability pay and benefits.
Veterans Affairs Disability payment schedule for 2024
Here is the Veterans Affairs (VA) disability payment schedule for 2024 to help them plan their finances. Disability benefit payments are made on the first working day of the next month for the specific month. Additionally, VA payments will be disbursed on the final business day of the previous month in cases where the first day of that month falls on a non-business day or a holiday.
Month | Payment Date | Day of Week |
January | Feb. 1 | Thursday |
February | Mar. 1 | Friday |
March | Apr. 1 | Monday |
April | May 1 | Wednesday |
May | May 31 | Friday |
June | July 1 | Monday |
July | Aug. 1 | Thursday |
August | Aug. 30 | Friday |
September | Oct. 1 | Tuesday |
October | Nov. 1 | Friday |
November | Nov. 29 | Friday |
December | Dec. 31 | Tuesday |
Dependency and Indemnity Compensation (DIC), is another available tax-free monthly benefit for certain surviving veterans’ families. Eligible low-income veterans and their surviving family members can receive compensation under the Veterans and Survivors Pension. Furthermore, Special Monthly Compensation (SMC) is also available to qualified veterans who lost particular organs or extremities as a result of their service, besides VA disability benefits.
Special Monthly Compensation (SMC)
The SMC is a tax-free benefit that is given to dependent parents, surviving spouses, veterans, and their spouses by the Department of Veterans Affairs. Its goal is to give people with certain disabilities or those who need someone else’s help and presence for everyday tasks extra financial support.
This special compensation is available to veterans with severe service-connected disabilities that affect their daily lives, spouses and surviving spouses who require assistance with daily activities, and dependent parents of veterans who require aid and attendance due to a disability.
Conditions that may qualify for Special Monthly Compensation (SMC):
- Loss or loss of use of limbs
- Blindness in one or both eyes
- Certain neurological conditions
- Severe respiratory conditions
- Needing help with daily living activities
How to apply for Veterans Affairs (VA) disability compensation
Use the official VA website to apply online and send supporting documentation along with your benefits application for the quickest possible service. Not only should you give copies of your discharge documentation, but you should also send copies of any medical proof, both military and civilian.
The Pre-Discharge program for disability compensation
In certain cases, you may be eligible to apply for benefits before receiving your military discharge under specific conditions. You may submit a claim for disability benefits under the joint VA and DOD Pre-Discharge Program up to 180 days before your separation or retirement from active duty, full-time National Guard, or Reserve duty (Titles 10 and 32). According to the VA, people who use the Pre-Discharge program can expect to hear back on…
This article was originally published by a lagradaonline.com . Read the Original article here. .