WASHINGTON — A benefits calculator that the Department of Veterans Affairs used for figuring monthly compensation amounts for disabled veterans had errors that incorrectly lowered payments for certain ...
The fact is that military retirement pay is taxable at the federal level, while disability compensation benefits and disability retirement pay are generally exempt. Additionally, most states don't tax ...
WASHINGTON — Lawmakers are pushing again to overturn a federal law that stops combat-injured veterans with less than 20 years of service from collecting their full retirement pay when they qualify for ...
Welcome to Ask Lacey, an advice column in which accredited financial counselor and MilMo founder Lacey Langford answers your pressing financial questions. Have a question for Lacey? Submit it here. Q.
Veterans with a 70% VA disability rating and dependants will receive up to $2,028.19 monthly in 2025. The tax-free payment applies to veterans with a spouse and one parent, reflecting the cost of ...