According to Marca, Great news for veterans receiving VA disability benefits! The VA has announced a 2.5% increase in disability compensation, effective December 1, 2024. This adjustment comes as a welcome relief amid rising living costs.
What This Means for Your Payments
So, what does this mean for you? For veterans with an 80% disability rating, monthly compensation will rise to $2,161.01, a notable increase from $2,095.28 in 2024. Those with dependents can expect even higher benefits. For example, a veteran with a spouse and one child will see their benefits rise to $2,340.09.
Here’s a quick breakdown of the 80% disability rate for 2025:
- Veteran (No Dependents): $2,161.01
- Veteran with Spouse: $2,215.04
- Veteran with Spouse and 1 Child: $2,340.09
Additional Benefits for Veterans with Dependents
But wait, there’s more! If you’re a veteran with additional children or a spouse receiving Aid and Attendance benefits, your compensation can increase even further. Specifically, you’ll earn an additional $82.00 for each child under 18 and up to $267.00 for each additional schoolchild over 18 still in school. Additionally, if your spouse qualifies for Aid and Attendance, that adds an extra $153.00 to your monthly benefits.
Also read: Official Period Open to Enroll in Medicare – Everything Has Changed and You Shouldn’t Make These Mistakes for 2025
VA Acknowledges Veterans’ Needs
It’s encouraging to see the VA recognize the need for these adjustments, especially given the daily challenges veterans face. While last year’s increase was 3.2%, and this adjustment may feel less generous, every little bit helps when budgeting.
Utilize the VA Disability Calculator
To help you calculate exactly how much you’ll be receiving, there’s a handy VA disability calculator available online. This tool can assist you in navigating your specific situation, whether you’re single or have dependents, and can account for any additional allowances.
Stay Informed and Connected
Remember, to maintain these benefits, it’s essential to stay on top of your claims and ensure your documentation is up to date. If you’re unsure about how to proceed or want to learn more about your specific situation, consider reaching out to a Veterans Service Officer (VSO) who can provide valuable guidance.