Are you a veteran with a service-connected disability and an “other than dishonorable” discharge from the military? If so, you may be entitled to tax-free disability compensation in the form of a monthly payment. This raises an important question: How much do disabled veterans get in monthly benefits? The answer depends on a number of different factors. Harold W. Conick, our Chicago VA disability attorney explains how VA disability benefits are calculated.
1. Calculating VA Disability Benefits Starts With Your Disability Rating
Your VA disability benefits will depend, in large part, on your disability rating. The VA disability rating is effectively a physician’s judgment on the severity of your injury. Here is a brief overview of VA disability payments for different disability ratings for the year 2022:
To be clear, these are the rates for veterans with no qualifying dependents. Further, each year, monthly VA disability benefits are adjusted to account for inflation. There was a significant increase in VA disability payments in 2022. It was a jump of 5.9%, the highest increase in more than 40 years.
2. You May Be Entitled to Additional Benefits if You Have Spouse and/or Child(ren)
Beyond disability rating, the second major factor in calculating monthly disability benefits is family structure. More specifically, whether or not the applicant has a spouse and/or dependents, such as young children. Enhanced benefits may be available for a disabled military veteran who is married with children.
As an example, imagine that a qualified doctor has assigned a military veteran a 50% disability rating. If the veteran had no dependents, he or she would receive $958.44 per month in VA disability benefits. However, if that same veteran was married with one young child, he or she would be entitled to receive $1,118.44 per month in VA disability compensation.
Note: If your disability rating is 10 percent or 20 percent, you will not receive any enhanced VA disability benefits if you are married and/or with children.
At Harold W. Conick & Associates Ltd., our talented Illinois VA disability attorney is a compassionate, solutions-driven advocate for clients. When you are entitled to receive benefits, you deserve to secure the highest amount of compensation. If you have any questions about how much you can receive in VA disability representation, we are here to provide answers.
Call the VA disability attorney at Harold W. Conick & Associates at (800) 608-8881 today to arrange your free, no-obligation initial consultation. With law offices throughout the greater Chicago metropolitan area and Northern Illinois – including, but not limited to Cook, DuPage, Will, Kane, Lake, and McHenry Counties, as well as Northeastern Indiana and Southern Wisconsin, we can see you almost any time.