People who have served in the military can take advantage of a retirement pension earned after 20 years of service. This benefit can provide a comfortable retirement, and there are two different approaches that can be taken. Since most people join the military when quite young, a service member could retire after 20 years of service and embark on a second career in the private sector, receiving his or her military pension during that time. A retired veteran could save the pension for the … [Read more...] about Wartime Veterans Pension Will Rise in 2021
Americans who have served in the military may qualify for benefits that can enhance their lives after they have left the service. Most people are aware that members of the armed forces are eligible to receive a retirement pension after 20 years of service. Different retirement structures apply to veterans who served during certain eras, but in each the amount of the pension increases along with the length of service. Some people spend their entire careers in uniform and when they … [Read more...] about Veterans Pension Can Give Seniors a Boost
If you served your country in the United States Armed Forces, or you are a surviving dependent of someone who did, the country owes you a huge debt of gratitude. Although that debt can never be repaid, the government does make an effort to give back to veterans and their dependents by providing them with a variety of veterans benefits. If you are a veteran, you may already know about many of the benefits to which you are entitled. To make sure you are receiving all your benefits, the Kansas City … [Read more...] about Are You Entitled to Veterans Benefits?
In the United States, veterans, their dependents, and survivors are entitled to a number of benefits and may qualify for assistance programs as a result of the veteran's service. One program that may help veterans and their spouses should they need help in their home, or to move into an assisted living or long-term care community is the Veterans Aid & Attendance program. The VA&A program is not a well-known program. The benefits it provides can make a huge difference to seniors … [Read more...] about How Does a Veteran Qualify for Aid & Attendance?
For men and women who have served in the Armed Force and their surviving spouses and dependents, the United States offers a wide range of benefits and assistance programs. Although you may know about some of the benefits to which you may be entitled as a veteran or survivor, one benefit program you may not know about offers a monthly monetary benefit that may come in handy. You may be entitled to additional benefits through a lesser known program referred to as “Veterans Aid and Attendance … [Read more...] about What Is the Aid and Attendance Benefit for Veterans?
There are some so-called "simple solutions" out there when it comes to estate planning. Some people buy into them, and, in many instances, unintended negative consequences result. With this in mind, let's look at payable on death accounts. … [Read more...] about What Is a Payable on Death Account?