It depends on your income. All of an applicant’s “countable income” – meaning any income received by a veteran and his or her dependents from earnings, disability and retirement payments, interest and dividends, and net income from farming or business. Any deductions will then be subtracted from the total of your countable income. The remaining countable income is deducted from the appropriate annual pension limit which is determined by the number of your dependents, if any, and whether or not you are entitled to household or aid and attendance benefits. This amount is then divided by 12 and rounded down to the nearest dollar. This gives you the amount of your potential monthly pension payment.
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This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified veteran's benefits lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local veteran's benefits attorney to discuss your specific legal situation.