retirees should be allowed to receive both military retired pay and any VA disability compensation to which they are otherwise entitled; this is referred to as 'concurrent receipt.' Until now, the law provided that military retired pay had be reduced by the amount of VA disability compensation....
Guard and Reserve members must typically wait until age 60 to begin receiving retirement pay, thoughit is possible to qualify for early retirement by serving enough active duty time. These differences in retirement eligibility reflect the part-time...
your military retirement pay may be offsetby the amount of VA disability compensation you receive. This offset is known as the VA disability compensation offset, and it can reduce the amount of retirement pay you receive, but will generally provide an equivalent amount as tax-free income....
are retired under theTemporary Early Retirement Authority(TERA) and have a VA disability rating of 50% or greater. You are a disability retiree who earned entitlement to retired pay under any provision of law other than solely by disability, and you have a VA disability rating of 50% or ...
• DISABILITY PAY : Based on disability rating • VETERANS GROUP LIFE INSURANCE : Coverage and Premium • FEDERAL TAXES : Based on filing status ** Note ** Information provided by Military Retirement should be used for educational and initial informative purposes only. Should not be used to...
Before then, advocates said it was challenging for veterans to prove their sickness was related to their service in order to receive disability compensation. ‘In both those instances, and for many other military toxic exposures, it took decades for the VA and Congress to finally act,’ ...
Due to his service, Gary received a VA disability rating of 80%. But he still enjoys writing which allows him a creative outlet where he can express his passion for firearms. He is currently single, but is "on the lookout!' So watch out all you eligible females; he may have his eye...
Military personnel, especially those in active combat zones, have several tax benefits available to them. One of the most important is the filing extension available for those on active duty overseas, which offers soldiers and their families some flexibi
If you are enrolled at 1/2 time or less (or on active duty), you are not eligible for the monthly housing allowance. You are eligible for an appropriately reduced stipend for books. The amount of tuition payable is the applicable percentage shown above at a rate the lesser of: ...
Shameful legacy: we have been fighting a long, hard battle to finally eliminate the offset of military retirement pay and VA disability compensation. We've come a long way toward achieving that goal.(from the NATIONAL ADJUTANT)(Combat-Related Special Compe ...