Signed into law on January 5th, 2021, the Johnny Isakson and David P. Roe, M.D. Veterans Health Care and Benefits Improvements Act of 2020 will make several significant changes to your existing benefits programs. Here are the changes that will affect your GI Bill and veterans education benefits next year.
In November of 2020, U.S. Representatives Brian Fitzpatrick (R-PA) and Abigail Spanberger (D-VA) introduced legislation seeking to improve the requirements for America’s disabled service members attempting to receive federal financial aid. The Honor Our Nation’s Oath to Remember (HONOR) Our Veterans’ Sacrifice A seeks to amend the Higher Education Act of 1965 by updating the definition of untaxed income and benefits by excluding veterans benefits, to include VA Disability Compensation, from the list of benefits required by the Free Application for Federal Student Aid (FAFSA).
On October 28, 2020, the Department of Veterans Affairs (VA) sent emails to those of us who have used, are using, or are eligible to use the GI Bill, notifying us of big changes to the “48-Month Rule” that has applied to some veteran students and beneficiaries.
VA FAQ’s: Covid and Education Benefits For many of you, the fall semester has started and you may have some questions regarding conflicts between your school’s response to COVID-19 and your VA education benefits. This is a summary of all the FAQs the VA has answered and posted online. On March 21, 2020, President Trump… Read more »
If one of your parents has served in the military and can receive Post-9/11 GI Bill benefits, they might be able to transfer those benefits to you. That way, you can pay for college to get the education you want. However, sometimes things can go wrong. Here’s one person’s GI Bill horror story.
Did you know that there is a student travel benefit for your college-age son or daughter? Did you know that if you and your child qualify, the government will pay for your child dependent’s round-trip airfare? Find out everything you need to know about the military dependent travel benefit.
If you are getting out of the military sometime soon, you need to understand what will happen with your healthcare, and what your options are. You won’t be able to keep TRICARE, at least in its current form, forever. Here are your healthcare options after the military. Healthcare After The Military There are different options… Read more »
** Looking for Military Benefits Changes for 2020. Visit MyMilitaryBenefits for the latest here.** With 2019 just around the corner, there will be some changes to some of the military benefits available to those who are or who have served in the military. Military Benefits Changes for 2019 Here is what you can expect: The… Read more »
The Thrift Savings Plan (TSP) is a retirement savings and investment plan for federal employees. The plan is also available for members of the uniformed services, including the Ready Reserve. The Thrift Savings Plan was established by Congress in the Federal Employees’ Retirement System Act of 1986. The TSP offers the same type of savings… Read more »
The Blended Retirement System (BRS) was created with the Fiscal Year 2016 National Defense Authorization Act. What is the Blended Retirement System? The BRS is a new military retirement system. The new system blends the traditional legacy retirement pension with a defined contribution benefit. This benefit is applied to the service member’s Thrift Savings Plan… Read more »
Finding and connecting with other veterans is an integral part of life after service. However sometimes, it can be hard when spread out and not living on a centralized military base. Below, we’ve compiled a list of some useful organizations to help you connect with likeminded veterans to help in the transition after service. Make… Read more »