5 Ways To Acquire Veteran’s Benefits

Published on: 23 July 2018 Last Updated on: 08 August 2019
Veteran

Most veterans usually rush to claim for their education and health care benefits which are offered by the Veteran Affairs Department in the form of GI Bill and Tricare. Although these benefits are great, they forget to claim other programs which may improve their lives and that of their families. Even in the education and health care programs, there are other benefits that would help ease their overall expenses. Here are the 5 ways that veterans could further acquire more benefits.

The Aid and Attendance Program :

This program ensures that every veteran accesses extended care together with their relatives. Through the program, you are able to get money for covering expenses for programs related to assisted living, nursing homes for your loved ones and long-term options of care. In a year, veterans are entitled to get a total of $25,020. In addition, the program awards veterans’ spouses with a total of $13,560 to cover health care costs each year.

Certification programs :

Apart from healthcare programs, veterans could also get funds to support their college degree. With a GI Bill in place, every veteran is eligible for about $2,000 which is aimed towards completing certification and vocational courses. Certification programs are very important for those who want to pursue multiple career paths or change their careers.

Free tax preparation :

If you are a veteran, you and your family members are eligible for free services that help in preparing and filing tax. At the military bases, there are offices that offer Tax Assistance programs that can easily assist you with the complex tax issues associated with military-related budgets.

Mortgage support :

Paying for a mortgage is never an easy task, and the majority of Americans are unable to afford their own homes. However, for veterans, they can easily acquire homes since they have assisted repayments for mortgages through the Veteran Affairs Department. There are several options to consider including loan forbearance, loan modification plans, and special repayment options. There are also more mortgage options for homeless veterans.

Many veterans have always given up applying for mortgage support because they assume the process is very hectic. But this is not the case; recently the fastest way of getting you signed up for this benefit was introduced. With DD214 Direct, you will be able to get your mortgage plan faster than you thought. The document is usually considered just as important as the marriage license or your birth certificate. You can easily apply for the document by going directly to the National Archives or hiring an independent researcher who will help you locate one.

Life insurance :

It is very challenging for veterans to obtain life insurance especially if you have an injury during your service term. By applying for the Group Life Insurance Program, you are assured of life insurance that offers coverage of up to 400,000. The program which is available for both veterans and service members provides competitive premium rates.

These benefits are just part of the several offers that the federal government offers veterans. On top of these, you are likely to become eligible for further aid offered by the federal and state veteran funds. All you need is to make a free application for the benefits and they will never count as part of your income. You can ease your family expenses and use the dollars to cover other additional programs in your life.

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