Every year, based on finalized data for the consumer price index, the Department of Veterans Affairs (the VA) adjusts the amount of VA disability benefits monthly compensation that qualified disabled veterans can receive for service-connected injuries, illnesses, or medical conditions. This benefit amount adjustment is based on the same cost of living adjustment (COLA)...
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The Social Security Administration announced on October 12 that the Cost of Living Adjustments (COLA) for 2024 will be a 3.2% increase. Many veterans are aware that their monthly benefits can increase at the start of the new calendar year. However, few understand how and why this process happens. Unlike social security disability insurance...
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Post-traumatic stress disorder (PTSD) is a psychological condition that the US Department of Veterans Affairs (the VA) recognizes as eligible for VA disability benefits. Like all VA disability compensation, you must first show that you qualify for them. This often takes place during a PTSD screening and assessment that lead to a PTSD diagnosis,...
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Most of the time when we work with a veteran’s service-connected disability claim, our focus is on maximizing your monthly disability eligibility. On a few occasions, though, you might be faced with the possibility that Veterans Affairs (VA) can reduce your benefits by reducing your disability rating. What is the VA Disability 5-Year Rule?...
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Every year on December 1 the VA makes available on its website the disability compensation rates for the current year. These rates remain effective until November 30th of the following year. Your VA disability compensation for any year depends on three general factors: the level of your disability from your active duty service, the...
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