This is a benefit that provides financial support to wartime veterans who have limited income. Income may include: social security, salary, other pensions, interest, and dividends.
The veteran must also be under a total asset amount of $155,356
For Veterans Under the Age of 65
Must be deemed permanently and totally disabled by the VA. This means:
- Suffering from any disability which is sufficient to render it impossible for the average person to follow a substantially gainful occupation but only if it is reasonably certain the disability will continue throughout the veteran’s life.
- Is a patient in a nursing home for long-term care because of a disability.
- Is disabled as determined by the Social Security Administration (SSA) for the purpose of benefits administered by the SSA. In other words, if the SSA deems you disabled, the VA automatically will.
For Veterans 65 and Older
These veterans do not have to be deemed permanently and totally disabled. They just to have a countable household income below the yearly limit set by law. The 90 days of active duty with at least 1 day being during time of war still applies.