New Veterans Pension Rates Announced – January 21, 2015

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The U.S. Department of Veterans Affairs (VA) offers a pension to eligible veterans and their families to supplement income they may already receive. Each year, Congress announces maximum annual pension rates used to determine whether, and how much, a veteran may be eligible to receive as supplemental income. The new rates may be found on the U.S. Department of Veterans Affairs website, www.benefits.va.gov.

The Veterans Pension provides income to those men and women who’ve bravely served their country and are facing financial challenges. Additional aid and attendance or housebound benefits are also available to eligible veterans who are disabled, live in a nursing home, or who need help performing everyday functions.

We’ve created a Client Alert to help your clients and prospects understand these pension benefits and determine whether they or their family members may be eligible.

As we continue to build our library of calculators, please feel free to e-mail us suggestions at forefieldfeedback@broadridge.com.

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and cannot be invested into directly.

The information provided is not intended to be a substitute for specific individualized tax planning or legal advice. We suggest that you consult with a qualified tax or legal advisor.

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