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  • About
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  • Retirement Income
    • Fixed Annuity
    • Social Security
    • 401(k) Rollovers
  • Protection
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  • Strategies
    • Personal Pension Plan
    • Wealth Transfer
  • Tax Planning
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YOUR CART

Veteran's Benefits

Monthly Compensation

  • Married Veteran and Spouse........ $2169 
  • Single Veteran............................... $1830
  • Veteran’s spouse needing care..... $1436
  • Surviving Spouse ........................... $1176

QUALIFICATION REQUIREMENTS

  1. Veteran must have served one day during wartime and 90 days of active duty  (Service after 1990 requires 2 years active duty)
  2. Have an honorable or general discharge
  3. Disability doesn’t have to be related to service
  4. Must be 65 or older or be 100% disabled 

PERIODS OF WAR

  • World War 2: Dec 7, 1941 through Dec 31, 1946
  • Korean Conflict: June 27, 1950 through Jan 31, 1955
  • Vietnam Era: Aug 5, 1964 through May 7, 1975 or
  • Feb. 28 through May 7, 1975 for veterans who served in the Republic of Vietnam
  • Gulf Conflict: Aug 2, 1990 – current

MEDICAL

To qualify medically, a War-Time Veteran or Surviving Spouse must need the assistance of another person to perform daily tasks such as eating, transferring, bathing, dressing, taking care of the needs of nature, etc. Being blind or in a nursing home for mental or physical incapacity or residing in an assisted or independent living community also qualifies

ASSETS AND INCOMe

Income for VA purposes is a relationship between total income and recognized unreimbursed medical expense. Allowable assets are determined by a number of factors such as life expectancy, medical expenses and dependent status.

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MORE PROTECTION TOPICS

Long Term Care
Wealth Transfer

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Everyone’s financial situation is unique and there is NOT a one-size fits all retirement plan. Ask us questions and get real answers. ​
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Not affiliated with the Veterans Administration or any Government Association 

Contact Us:

Gary and Judy Spirk
Life's Financial Solutions
133 Carol Drive
Washington Boro, PA 17582

Phone: 717-872-6027
Fax:  215-689-4092

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