Veteran Administration Benefits

In 1930, the Veterans Administration (VA) was formed by Congress. The VA was a product of combining three agencies: Veterans Bureau, Bureau of Pensions of the Interior Department and National Home for Disabled Volunteer Soldiers. Today, the VA serves millions of service members, both active duty and veterans, through assistance with health, compensation, pension, home loans and education.

Disability

Disability is a tax-free benefit paid to honorably discharged veterans who were injured while on active duty.

Pension

Pension programs aid veterans who are disabled and on a limited income or are over the age of 65.

Education

Active duty and veteran service members are eligible for the GI Bill, which has various programs that help members to obtain a higher education.

Survivor's Benefits

Survivor's benefits are paid to the spouses and dependents of active duty service members and veterans. Benefits include pension, compensation, and education assistance.

Vocational Training

Veterans who are disabled while serving their country are offered vocational rehabilitation that enables them to learn new skills and find meaningful employment.

Life Insurance

Life insurance is offered to active duty members in various amounts. Coverage can be continued when she retires or is honorably discharged.

Home Loans

Active duty and former military members with good credit and income can receive a VA-guaranteed home loan that allows them to borrow up to $417,000 without a down payment.

Resources

• U.S. Department of Veterans Affairs