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The United States Department of Veterans Affairs (VA) provides benefits [13] to veterans whom the VA has determined have PTSD that developed during, or as a result of, their military service. These benefits not only include tax-free cash payments [14] but can also include free or low-cost mental health treatment and other healthcare, vocational ...
Veterans can also transfer their benefits to dependents under certain conditions. [8] Another significant program is the Montgomery GI Bill, which provides up to 36 months of education benefits to eligible veterans for various educational pursuits. [8]
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]
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A veteran's pension or "wartime pension" is a pension for veterans of the United States Armed Forces, who served in the military but did not qualify for military retirement pay from the Armed Forces. It was established by the United States Congress and given to veterans who meet the eligibility requirements.
If your parents earn more than the allowable gross income for the tax year in question ($4,700 per parent in 2023), then they would not be eligible to be claimed as a dependent by anyone else.