There are many federal government benefit programs available to individuals with disabilities. Programs are often referred to by confusing acronyms (LIHEAP, SNAP, QMB, to name just a few) and some programs are very different but sound similar (for instance, Medicare and Medicaid or SSI and SSDI). Stop in each week for a spotlight on a different benefit program. Today, we take a look at VA Pension:
Benefit: Cash benefit to low-income disabled and elderly veterans and dependents
Asset Limit: Approximately $80,000; residence and vehicle exempt
Income Limit: Income reduces benefit. Countable income for single veteran must be less than $13,537 in 2019
Comments: No option for a SNT to protect excess assets. Medical expenses can redu...