If you or your spouse served in the United States Armed Forces, there are several pension benefits that you may be eligible for. It is important to be aware of what these benefits are so that you can take full advantage of them when they become necessary.
The first is called a Veterans Pension. This benefit provides veterans and their families with supplemental income to assist them in meeting financial challenges. This benefit is tax-free and is available to wartime veterans with a low income, a permanent disability, or who are at least sixty-five years old.
Second, if your spouse or parent is a deceased veteran who served during a wartime period, you may be eligible for a Survivors Pension. This benefit, also known as a Death Pension, is also tax-free. It is paid out to the un-remarried spouses and children of qualified, deceased veterans.
Additionally, the veteran must not have been discharged from the military for dishonorable conditions. Click here
to read more about the eligibility requirements for these Veteran benefits.
You may also visit the Veterans Benefits Administration
for more information. You may also consult Ledbetter Law Group to learn more about your eligibility for these and other benefits.