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 Compensation)...
Lower gas prices will keep retirement and disability payments from going up next yearJim Absher
Prior to 2004, VA disability compensation offset a military retiree’s retirement pay. The retiree would receive their full VA disability compensation, but their retirement pay was reduced by the same amount, dollar for dollar. The gross pay was the same, but the net pay was higher, as VA ...
This is good news for military home buyers who are still a couple of years away from becoming a homeowner or refinancing an existing home. Funding fees should be the same for them as for current VA loan applicants. How to access VA loan benefits The Department of Veterans Affairs administer...
Veterans receiving compensation for a service-connected disability Veterans who are eligible to receive service-connected disability compensation but are currently receiving military retirement or active-duty pay instead Purple Heart recipients Surviving spouses of veterans who died in service or from a se...
Search for The Military Wallet:Helping the Military Community Manage Money Featured Investing Money Management A Guide to the TSP Lifecycle Funds The Thrift Savings Plan (TSP) offers a variety of investment options, including Lifecycle Funds (L Funds), designed to simplify retirement planning. This ...
VA loan criteria are consistent when it comes to military service, but VA lenders could have different credit and income requirements. Customer service ratings. Check lender reviews and complaints with the Better Business Bureau and Consumer Financial Protection Bureau. Lenders with poor customer ...
Some service members are eligible to have the funding fee waived, including those who have been awarded a Purple Heart or for receiving service-related disability compensation from the VA. The Bottom Line VA loans are one of the many benefits afforded to veterans, military members, and their fa...
If you’re a veteran, you need your military discharge document (DD 214) to verify your service time and get your COE. You can request this online if you don’t have a hard copy. If you’re currently serving in the military, you’ll need your Leave and Earnings Statement (LES) to ...
While FHA loans are available to just about everyone who meets the lending criteria, you need military service history to qualify for a VA loan and you need to be buying in a rural or suburban area for USDA. Additionally, there are a few other ways to reduce — or eliminate — your up...