Savvy Senior: The long-term care benefit many veterans are missing out on

The research finds that relatively few are saving in tax-advantaged retirement accounts, which suggests they may be missing out on an opportunity. (e.g., government benefits, investment returns,

SAVVY SENIOR – The long-term care benefit many veterans are missing out on – The Villager Dear Savvy Senior, I have heard that the VA has a benefit that can help veterans and spouses with long-term care costs.

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Regardless, you’ve won the prize that many – or most – working parents dream of. No commute, no office distractions, no one looking disapprovingly at you when you duck out. missing real opportunity.

It’s called the Veterans Aid and Attendance Pension Benefit, or "A&A benefit," and it provides up to $1,794 per month to a veteran, $1,153 to a surviving spouse or $2,127 to a couple. This money can be used for in-home care, board and care, assisted living communities and private-pay nursing homes.

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The Long-Term Care Benefit Many Veterans Are Missing Out On Posted By: admin By Jim Miller Dear Savvy Senior, I have heard that the VA has a benefit that can help veterans and spouses with long-term care

The long-term care benefit many veterans are missing out on Jim Miller , Savvy Senior Published 7:55 p.m. CT May 12, 2019 CLOSE

The Long-Term Care Benefit Many Veterans Are Missing Out On. Posted By: admin. By Jim Miller Dear Savvy Senior, I have heard that the VA has a benefit that can help veterans and spouses with long-term care. Read more. Columnist Savvy Senior . April 29, 2019.

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It pays a maximum of $2,230 a month to married veterans; $1,881 a month to single veterans; or $1,209 a month to a surviving spouse. The money is tax-free, and can be used to pay for in-home care.

Welcome to Savvy Senior! A nationally syndicated information column devoted to older adults and the families who support them. Researched and written by senior advocate, author and NBC Today show contributor Jim Miller, Savvy Senior is published in more than 300 newspapers and magazines nationwide.

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