MilitarySpot.com

Serving the U.S. Army, Navy, Air Force, Marines, Coast Guard and National Guard

Online Schools
| Find Jobs
Follow MilitarySpot:
 
  • Home
  • Enlist
    • Join The Army
    • Join The Navy
    • Join The Air Force
    • Join The Marines
    • Join The Coast Guard
    • Join The National Guard
    • ASVAB
    • Army Physical Fitness Test
    • Military Draft
    • Prior Service Army Enlistment
  • Career
    • Join the Military
    • Jobs for Military and Civilians
    • Career Center
    • Prior Service Army Enlistment
    • Criminal Justice
  • Education
    • Online Schools
    • Spouse Education Benefits
    • GI Bill
    • Military Schools
    • Criminal Justice
  • Benefits
    • Army Benefits
    • Navy Benefits
    • Air Force Benefits
    • Marine Corps Benefits
    • National Guard Benefits
    • Coast Guard Benefits
    • Veteran Benefits
    • Basic Pay Rates
    • Allowances
    • Special & Incentive Pay
    • Military Spouse Education Benefits
    • VA Education Benefits
    • GI Bill
  • News
    • Headline News
  • Finance
    • Debt Relief
    • Military Pay Rates
    • Military Personal Loans
    • VA Loans
    • Military Star Card
    • Military MyPay
  • Spouses
    • School Finder
    • Scholarships & Grants
    • PCS, DITY, & Moving
    • Pay Rates
    • MyCAA
    • Education Benefits
  • Community
    • Military Games
    • Military Reunions
    • Classifieds
    • Photo Gallery
    • Buddy Finder
    • MilitarySpot Pinups
    • Military Bases
  • Resources
    • Military Alphabet
    • Military Reunions
    • Military Acronyms
    • Currency Converter
    • Military Tools
    • Ranks
    • Military Time
    • Military Tactics
    • Military Discounts
    • Military Games
    • Military Videos
    • Photo Gallery
    • Infographics
    • How To
  • Travel

Veteran Retirement Aids You Shouldn’t Forget About

Veteran Retirement Aids

November 13, 2015, by Brooke Chaplan – Planning for retirement can bring a variety of concerns about financial security into the forefront of your mind. If you are a veteran, a number of benefits are available that many may not know, or have forgotten about. Here’s a look at a few that may be able to help you make your retirement a little more secure.

Financial Need Pensions for Veterans

If you are a veteran of limited means, you may be eligible to receive a veteran’s pension. In order to qualify, you must have been an active duty service member for 90 days, and must have had at least one day of the service during a period of war. You do not have to be disabled to qualify for this benefit, and the amount you get depends on whether the veteran has a spouse, and the number of dependents. 

Veteran Pensions for Surviving Spouses

Benefits may also apply to surviving spouses of veterans as part of their veterans benefits. The Aid & Assistance program provides for benefits for home care or help with assisted living facility expenses if the veteran fulfills the necessary eligibility requirements. The spouse must provide required documents to the VA to prove eligibility. 

Financial Help for Home Care

If you are a veteran over the age of 65 and receive pension benefits, you may be eligible for additional financial assistance for home care for grooming, dressing, bathing, feeding, and other personal needs. This assistance may also apply to nursing home care if a veteran is placed in a facility like Sunshine Retirement Living, because of mental or physical disability. This financial help is available under the Aid & Assistance Program and the Housebound Program to help veterans who may become incapacitated in their later years. 

Veteran’s Healthcare

Veterans are also eligible to utilize the VA health care system, which include pharmacy discounts. Tricare for Life is a supplemental health care program that works with Medicare Parts A & B to ensure veterans can have comprehensive care throughout their retirement years. You must pay Medicare Part B premiums in order to qualify for Tricare for Life. Within the United States and its territories, TFL pays after Medicare payments. Outside this area, TFL is the first payer. 

Many veterans are not even aware of the assistance they can receive as a result of their service to their country. Research some of the information online, and talk to your local veteran’s affairs office about programs that are part of your benefits.

Brooke Chaplan is a freelance writer and blogger. She lives and works out of her home in Los Lunas, New Mexico. She loves the outdoors and spends most her time hiking, biking and gardening. For more information contact Brooke via Twitter @BrookeChaplan.

Related Posts:

  • Veterans' Health BenefitsVeterans' Health Benefits
  • Long-Term Care for Aging VeteransLong-Term Care for Aging Veterans
  • What All Veterans Should Know About Finding Their First HouseWhat All Veterans Should Know About Finding Their…
  • VA Launches Hotline for Health Care, Women Veteran QuestionsVA Launches Hotline for Health Care, Women Veteran Questions
  • Who Qualifies for Medical Assistance with the Veterans Health AdministrationWho Qualifies for Medical Assistance with the…
  • Burial AllowanceBurial Allowance

Comments

Filed Under: Education, Resources, VA

  • News
  • Enlist
  • Education
  • Career
  • Finance

Remembering Pearl Harbor Attack: Diego Garcia Takes Pause on the 78th Anniversary

DECEMBER 6, 2019 – U.S. and British service members, civilians and contractors on board U.S. Navy Support Facility (NSF) Diego Garcia gathered in front of the headquarters building, Dec. 6, to honor those fallen during the Pearl Harbor attack. This year marks the 78th anniversary of the December 7, 1941, attack on Pearl Harbor that […]

Answers to Top Questions About ACFT Equipment Fielding

OCTOBER 14, 2019 – As Army Soldiers start preparing for the new Army Combat Fitness Test, behind the scenes Army logisticians are also preparing to distribute more than 36,000 equipment sets to conduct the new test. At a recent Facebook Live event, watched by more than 150,000 viewers, Sergeant Major of the Army Michael Grinston […]

USS Dwight D. Eisenhower Sailors Get College Ready

NOVEMBER 25, 2019 – Sailors assigned to the aircraft carrier USS Dwight D. Eisenhower (CVN 69)(Ike) welcomed representatives from approximately 25 colleges and universities to talk to the crew during Ike’s college fair Nov. 14. This event was sponsored by the ship’s educational services office (ESO) and held in Ike’s hangar bay. Sailors were given […]

Why I am Getting Out of the Air Force

DECEMBER 6, 2017 – When I first signed my name on the dotted line to serve my country, I had all these crazy, outlandish ideas of what I thought my Air Force experience was going to be. Well, spoiler alert, they didn’t come to fruition, but what I got was a million times better than […]

Air Force Releases FY20 Selective Retention Bonus Program

NOVEMBER 21, 2019 – Air Force officials released details Nov. 20 on the fiscal year 2020 Selective Retention Bonus program, which includes 72 eligible Air Force specialties. “The Air Force works hard to retain our highly trained and experienced Airmen and the annual Selective Retention Bonus program is a key element in that effort,” said […]

Recent Posts

  • Remembering Pearl Harbor Attack: Diego Garcia Takes Pause on the 78th Anniversary
  • Admiral Gilday Releases Guidance to the Fleet
  • Why I am Getting Out of the Air Force
  • No Plans to Leave Iraq, Defense Official Says
  • Army-Navy Uniform Tells Story of Army Division
MAINMENU


SITESEARCH
Can't find something? Try using our site search to dig through our entire site.



Still having trouble? Try the Advanced Search to refine your searches.
NEWSLETTERSUBSCRIBE
Sign Up To Receive Information, Updates and Special Officers from MilitarySpot.com.



Don't miss an issue! Jump in the Newsletter Archives to catch up on previous issues.
FOLLOWMILITARY SPOT

Follow us on Facebook, Twitter & StumbleUpon and more. Keep up with MilitarySpot.com news & updates. We also have an RSS Feed.

Advertise | About | Contact | Feedback | Unsubscribe | DMCA | Privacy Policy | Terms of Use
 
Copyright 2004-2019 Sun Key Publishing. All Rights Reserved.



 
This is not the official recruiting website of the U.S. Military. The site you are on is run by Sun Key Publishing, a private company, and is not endorsed by or affiliated with the U.S. Military.