Tuesday, August 24, 2010

Aid and Attendance VA Pension Benefit Amount

This post is the last of a series of three posts explaining the amount of money a veteran can receive from the VA to pay for medical care.  The first level of VA payout is basic pension: this is the smallest amount of VA pension amount available to a qualified veteran or a surviving spouse of a veteran.  The next level is housebound VA benefits.  Housebound carries a higher level of medical proof and a condition that shows need.  Now we are at the final level of benefits available to a veteran:  aid and attendance benefits.

The aid and attendance benefit requires an even higher showing of physical need than the housebound benefits.  More on the qualification requirements in a future posts.  The aid and attendance VA pension benefit is the highest cash payout that the veteran's pension benefit law provides.  The cash benefits for 2010 aid and attendance pension are:

  1. Veteran with a dependent - Annually $23,396 or Monthly $1,949;
  2. Single Veteran - Annually  $19,736 or Monthly $1,644;
  3. Surviving Spouse - Annually $12,672 or Monthly $1,056; and
  4. Surviving Spouse w/dependent - Annually $14,692 or Monthly $1,224.
As you see the cash benefits directly payable to the qualified veteran or surviving spouse are quite nice considering that one does not have to work for the money.  A million dollars in a savings account will not yield this kind of income. 

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