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The Veterans Affairs Life Insurance (VALife) program is a new benefit that provides guaranteed acceptance whole life insurance to veterans with service-connected disabilities. Additionally, Traumatic Injury Protection under Servicemembers' Group Life Insurance (TSGLI) provides short-term financial assistance to severely injured service members ...
The Veterans Benefits Administration has been in existence since the creation of the Department of Veterans Affairs in October 1988, when it was led by a chief benefits director. [1] In 1994, the title was changed to Under Secretary of Veterans Affairs for Benefits. [2] Under Secretary Allison A. Hickey resigned in October 2015. [3]
Denis Richard McDonough (born December 2, 1969) is an American government official who served as the 11th United States Secretary of Veterans Affairs [1] under President Joe Biden from February 9, 2021, to January 20, 2025.
Image source: Getty Images. 1. 2.5% cost-of-living adjustment (COLA) The big Social Security news from the last couple of months has been the 2025 COLA, which came in at 2.5%.This is under the 3.2 ...
In 2025, a single work credit is worth $1,810, up from $1,730 in 2024. So if you want your four work credits for the year, you'll need to make sure your wages equal at least $7,240.
But the differences between the maximum possible 2025 Social Security benefit at 62, 67, and 70 show the value of delaying benefits as long as possible.
The United States Department of Veterans Affairs (VA) is a Cabinet-level executive branch department of the federal government charged with providing lifelong healthcare services to eligible military veterans at the 170 VA medical centers and outpatient clinics located throughout the country. Non-healthcare benefits include disability ...
3. Maximum Social Security benefit also set to increase. The maximum Social Security benefit for a worker retiring at full retirement age will increase from $3,822 in 2024 to $4,018 in 2025. This ...
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