Taking advantage of Special Pension Older Veterans
Monday, May 24th, 2010How the Pension Helps Veterans
The Aid and Attendance Special Pension was created in 1951 when Congress passed a law to help older veterans pay for the out-of-pocket costs of long-term health care. These long-term costs refer to the recurring health-related expenses veterans may have, such as the cost of a caregiver, medical costs, assisted living charges and more. The money received from the pension is tax-free and allows veterans to receive over one thousand dollars a month to cover any out-of-pocket costs they have as a result of the care they receive. (more…)