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• Veteran without spouse or child = $10, 929
• Veteran with one dependent = $14, 313
• Veteran housebound without dependents = $13,356
• Veteran housebound with one dependent = $16, 740
• Veteran receiving Aid & Attendance without dependents = $18,234
• Veteran receiving Aid & Attendance with one dependent = $21, 615
• $2, 480 can be added to each category if you are an “Early War” veteran.
• $1, 866 can be added to each category for each additional dependent a veteran may have.
In addition to the limits on yearly income set above, a veteran’s net worth – meaning assets such as bank accounts, stocks, bonds, mutual funds and any property other than the veteran’s residence – can not be “excessive.” There is no stated limit on the allowable amount of net worth, however, the Department can, at its discretion determine if net worth is excessive.
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.