In America today, there is a lot of emphasis on appreciating the work that the veterans have done for the country. The number of veterans in the U.S. today is about 23 million. Of this, about 25% are younger vets that have served their nation from the time of the Gulf Wars. However, many retired military persons do not know about, or are not making use of aid availed to them.
If you or a loved one is a veteran and are eligible and need these deals, go to the website of department of Veteran Affairs and check them out. Here are some of the benefits you’ll find :
If you have unused GI Bill credits, you can transfer them to your spouse or dependents. However, there are limitations that could hinder the transfer of benefits from happening. If you qualify for this credit transfer, you can only do so within 15 years of being discharged. Originally, the GI Bill provided help or free learning programs to all qualifying veterans. It was began shortly after WWII.
As a result, many young Americans have raised to the level of middle class Americans. Nowadays, the Post-911 GI Bill is the largest benefit program because it offers education benefits for up to 3 years. This covers full tuition as well as fees for students studying in the U.S. The money is sent directly to your college. Also, you may get housing allowance as well as a stipend for payment on books.
Providing long-term care is a blessing, but it is expensive. There are programs offering retired military individuals money for nursing homes and assisted living expenses. Veteran couples in need of long-term care get $25,020 every year. This amount can go a long way in helping retired military people care for a large portion of their long-term care expenses. Surviving veterans’ spouses also receive $13,560 every year to cater for their care costs.
If you are not managing to pay for your mortgage, you can get payment assistance through the veterans’ affairs department. Some of the options you’ll get here include loan forbearance, loan adjustment programs, and special repayment processes. If you are a homeless veteran or have VA loans, more deals will be availed to you.
On top of getting credits to use for attaining a college degree, you will get a maximum of $2000 from the GI Bill to cater for the expenses of certificate courses or any other vocational programs. The benefit works well for veterans who want a career change or a career that doesn’t need them to acquire a degree.
Life Insurance Coverage
The traditional life insurance is not easy to obtain for many retired military persons especially if they got injured while serving their nation. The good news is that policies such as those offered through Servicemembers’ and veterans’ Group Life Insurance program help veterans get life insurance coverage of $400,000. The premium rates are also very competitive.
American Corporate Partners
What the American Corporate Partners does is to connect vets to top organizations in a bid to help them get employment after they have retired. In addition to getting job opportunities, veterans get mentorship. Other services that can help them develop their careers will also be available.
Tax Preparation for Free
Military bases have offices that offer help in tax preparation. veterans and their loved ones can get these services whenever they need them. Those offering the services are qualified in handling the complexity that comes with military tax filing.
Following the death of a vet, families get special benefits. They could get a flag for draping over the casket or a Presidential Memorial Certificate for honoring the deceased. The families may also get free grave markers or headstones.
A record of homes under foreclosure is kept by the VA. As a veteran, you can search for such homes and purchase at a lower price. As long as a home is on this list, it qualifies for financing by the VA.
If anyone chooses to cater for a aging veteran, they will have access to caregiver support programs. Although the caregiver will not get financial support, they get a coordinator and free support lines to help in navigating the military benefits.