10 Veterans Benefits You May Not Know About | Military Benefits

FOR THE VETERAN OF THE VETERAN SHARE OF THE DAY

Many veterans know about the basic health care and education benefits available to them through the Department of Veterans Affairs: Tricare and the GI Bill.­­­ While these benefits alone are substantial, numerous other programs help provide more benefits to veterans and their families. Even within the health care and education programs are little-known benefits to improve the lives of veterans and help ease the financial burden of medical care or other expenses. Here are 10 veterans benefits you haven’t heard about that all veterans should see if they qualify for.
Long-term Care

Long-term care is expensive, but often necessary to provide care for aging relatives. Through the Aid and Attendance program, many veterans are eligible to receive money to cover the cost of nursing homes, assisted living programs and other long-term care options. With the ability for couples to receive up to $25,020 a year, the Aid & Attendance benefit will help take care of a significant portion of long-term care costs. Surviving spouses of veterans are also eligible to receive up to $13,560 a year to cover their long-term care costs.
Caregiver Support

Should you choose to take care of an ailing Veteran at home, the Department of Veterans Affairs offers a caregiver support program. While this program does not offer any monetary support to caregivers, they are provided with a free support line and a caregiver support coordinator to help navigate military benefits and the stress of care giving.
Death Benefits

When a veteran dies, families have a few unique benefits available to them. A U.S. flag may be requested to drape over the casket and families may request a Presidential Memorial Certificate to honor the deceased loved ones service. The Department of Veterans Affairs also provides free headstones or grave markers.
Non-College Degree Programs/Certificates

In addition to receiving credits to use towards a college degree, the GI Bill is available for training certification courses or other vocational training programs such as HVAC repair, truck driving, emergency medical training, and barber/beautician school. This benefit will work well for veterans who wish to change careers or pursue a career path that does not require a college degree. Other non-college degree programs are available through the VET TEC program which offers “accelerated training in coding bootcamps” or similar information science programs, software training, etc. Lastly, there are several free it certifications available to veterans.
Transferring GI Bill® Credits

Unused credits through the GI Bill may be transferred to spouses and dependents of veterans. There are service limits required to transfer the benefits.
Free Tax Preparation

Veterans and their family have access to free tax preparation services through the Volunteer Income Tax Assistance offices on military bases. The individuals who work in the offices have expertise working with the complicated nature of military-related tax issues.
Life Insurance

Many veterans have trouble obtaining traditional life insurance, particularly if they sustained an injury during their time of service. Through the Servicemembers’ and Veterans’ Group Life Insurance program, veterans may receive up to $400,000 in life insurance. This program also offers competitive premium rates.
Mortgage Help

Veterans having trouble making their mortgage payments are eligible for repayment assistance through the Department of Veterans Affairs. Options for help include special repayment plans, loan forbearance and loan modification programs. Additional benefits are available for veterans with VA loans and for homeless veterans.
VA Foreclosures

The VA maintains a list of homes serviced by VA loans that have gone into foreclosures. Veterans have the ability to search the list of VA acquired properties and purchase homes at a discount. You do not have to be a veteran to search the properties, but all properties qualify for VA financing.
American Corporate Partners

American Corporate Partners connects veterans with top companies to help them obtain a job after their time of service. Along with being connected to job opportunities, veterans have the opportunity to receive one-on-one mentoring and other career development services.

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