Veterans and survivors who receive pensions from the Department of Veterans Affairs will see an increase in their monthly payments for 2020. The pension benefit is a tax-free payment to veterans and survivors who have incomes below a level mandated by Congress. That amount changes each year. The pension normally makes up the difference between a person's income and the income levels set by Congress; these income levels differ based on the number of dependents. The pension amounts are also higher if the veteran or dependent requires specialized medical care or is housebound. Learn more on Military.com.
Veteran & Survivor Pension Rates Increase for 2020
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