Business & Finance Taxes

What Benefits Do Veterans Receive?

    Education and Job Training Benefits

    • The Montgomery GI Bill, the Survivors & Dependence Assistance (DEA) and the Post 9/11 GI Bill offer varying degrees of financial assistance for higher education to veterans, their spouses or dependents. Veterans with service-related disabilities can get employment assistance or job training if the disability affects employment opportunities. Veterans who pass a series of assessments and an aptitude test will get help locating and obtaining suitable employment. When necessary, training and therapy is provided to help the veteran adjust to working with a disability.

    Retirement Benefits

    • Wartime veterans with little or no income who meet age, income, or disability requirements are eligible for retirement benefits. Those who require aid and attendance by health professionals, or who are homebound, may also receive an additional paid benefit to cover related expenses. Additionally, death benefits may be paid to surviving spouses who are not remarried or unmarried children of deceased wartime veterans depending on income, level of service and circumstances of service.

    Financial Services

    • Many veterans are eligible for home loans ensured by the Veterans Administration. This is a loan guaranty program that enables buyers to purchase homes without down payments or private mortgage insurance. It limits closing costs and prepayment penalties and provides assistance if the veteran has problems making payments. Veterans Group Life Insurance is an optional program available to veterans that allow them to convert their service-related life insurance to term insurance.

    Health Care

    • Many veterans are eligible for health care services that cover medical services, emergency treatment, hospitalization, therapies, medications and mental health services. Dental health services and nursing home care options are also covered. Eligibility for services and costs associated with health care vary according to income levels, terms of service and extent of service-related injuries.

    Disability and Burial Benefits

    • Disability benefits are paid to honorably charged veterans disabled or injured during active duty, or carrying a disease caused by or made worse during active service. Benefits vary according to type, depth and length of injury; additional benefits may be paid to those with dependents or severely disabled spouses. Veterans are also eligible for burial in one of the many sites overseen by the VA, including national cemeteries and monument sites.

Related posts "Business & Finance : Taxes"

The Use of Depreciation Expense to Capital Expenditures

Taxes

How Much Does a Surgical Technician Earn in Dallas, Texas?

Taxes

What Determines Whether the IRS Audits You?

Taxes

Tax consultant: help you in tax benefit

Taxes

Tax Filing Jamaica : Time is running short for Mortgage Forgiveness Debt Relief Act of 2007 getting

Taxes

Documents Needed For Tax Preparation

Taxes

Income Taxes - Can You Write-Off These Deductions on Your Return?

Taxes

How To Deal With The IRS When You Have Real Estate Problems

Taxes

What happens if you prepare your taxes not on time?

Taxes

Leave a Comment