1) What is the Veteran’s Aid and Attendance Pension Benefit?
The Veteran’s Aid and Attendance Pension is a federal assistance program offering a monthly benefit payment from the Department of Veterans Affairs design to provide care for veterans or surviving spouses who are disabled or frail and might have trouble living on their own.
The benefit is paid in an income to the veteran or surviving spouse, not the care provider, and the funds can be used for anything, although most need the money to pay for needed care and medical expenses.
VA Aid and Attendance & Pension Maximum Rates (tax free!)
Veteran and Spouse –
$2,169 monthly / $26,028 annually
Single Veteran –
$1,830 monthly / $21,960 annually
Surviving Spouse –
$1,176 monthly / $14,112 annually
Veteran Married to Veteran –
$2,903 monthly / $34,836 annually
This is from NBC Nightly News from February 23, 2007. Please watch the 2 minute video for more information on the VA Aid and Attendance benefit.
2) Who is eligible for the Veteran’s Aid and Attendance Pension Benefit?
According to the Department of Veteran’s Affairs website:
- Aid and Attendance Pension is a benefit paid in addition to monthly pension. This benefit may not be paid without eligibility to pension.
- A veteran may be eligible when:
- The veteran requires the aid of another person in order to perform personal functions required in everyday living, such as bathing, feeding, dressing, attending to the wants of nature, adjusting prosthetic devices, or protecting himself/herself from the hazards of his/her daily environment, OR,
- The veteran is bedridden, in that his/her disability or disabilities requires that he/she remain in bed apart from any prescribed course of convalescence or treatment, OR,
- The veteran is a patient in a nursing home due to mental or physical incapacity, OR,
- The veteran is blind, or so nearly blind as to have corrected visual acuity of 5/200 or less, in both eyes, or concentric contraction of the visual field to 5 degrees or less.
3) What is the application process?
While you may apply for Aid and Attendance Pension benefits by writing to your VA regional office, we offer extensive knowledge of the benefit and a host of services to assist you in the application process.
To ensure the highest level of service and long-term care assistance, we have dedicated our resources to create relationships with assisted living facilities, at home care providers and other senior advocates, and we host complimentary informational workshops in retirement communities across the nation.
4) What role does PRESTIGE FINANCIAL ADVISORS play?
Prestige Financial Advisors is a financial services firm dedicated to helping you to create a solid financial strategy to achieve your retirement goals. We realize that your financial situation and needs will change at different stages of your retirement years, and we work with you to establish a plan that recognizes your objectives through each stage. Through our comprehensive retirement services, we empower you to safely navigate your retirement path and ensure your wealth is appropriately transferred and realized by future generations.
We offer extensive knowledge of the benefits offered through the Department of Veteran Affairs. To ensure the highest level of service and long-term care assistance, we have dedicated our resources to create relationships with assisted living facilities, at-home care providers and other senior advocates, and we host complimentary informational workshops in retirement communities across the nation.
Call us today to learn more about the benefit and the host of services we offer to assist you.
The Veterans Aid and Attendance Pension benefit require veterans to meet the following qualifications:
For a wartime veteran or surviving spouse to qualify for this special monthly pension, the veteran must have served at least 90 days of active military service, one day of which was during a period of war, and be discharged under conditions other than dishonorable.
Wartime veterans who entered active duty on or after September 8, 1980, (October 16, 1981, for officers) must have completed at least 24 continuous months of military service or the period for which they were ordered to active duty.
Surviving spouses of veterans must also have been married to the veteran at the time of passing.
Declared States of War?
How to Request Military Service Records? Click Here
To qualify for the Aid and Attendance Pension benefit, applicants must meet health qualifications that most often apply to those who reside in assisted living communities, nursing facilities or receive at-home care. Veterans and surviving spouses are required to prove they need assistance on a daily basis.
Some basic health conditions that will be considered by the Veterans Affairs include:
- Assistance with bathing and other hygiene needs
- Supervision with daily living activities so as not to harm yourself or those around you
- Assistance with dressing, undressing and grooming
What is my next step?
Contact us today to determine if you are eligible to receive up to $26,028 annually from the Department of Veterans Affairs. 800.663.6029 or 661.252.4000
While tax legal and estate issues may be discussed in the general course of financial and investment planning Simplicity Wealth, LLC does not provide tax or legal advice. Please consult with your tax or legal professional prior to making decisions relative to these issues. Investment advisory and financial planning provided through Simplicity Wealth, LLC, a SEC Registered Investment Adviser. Insurance, veterans claims, consulting, and educational services provided through Prestige Financial Advisors. Legal document services provided through The Document People. Simplicity Wealth, LLC is a separate and unaffiliated entity from Prestige Financial Advisors and The Document People.
Simplicity Wealth LLC, Jeff McCarty, Prestige Financial Advisors and/or The Document People are not affiliated with or endorsed by the Veterans Administration or any other government agency.