2020 Veterans Pension rates will see a 1.6% cost-of-living increase based on the COLA calculations. To calculate the Veterans Pension rate increase the average of the indices of July, August, and September 2019 was compared with the 2018 3rd quarter average. 2020 Veterans Pension rates are effective 12/1/2019.
2020 Veterans Pension rate tables will be updated once they are released.
2020 Veterans Pension Dates:
Effective Date: 12/01/2019
First Paycheck: 12/31/2019
Veterans Pension increase: 1.6%
The 2019 Veterans Pension rates saw a 2.8% increase based on the Cost-of-Living Adjustment (COLA) increase that was announced by the Social Security Administration.
2019 Standard Medicare Deduction: Actual amount determined by SSA based on individual income.
The table below are the Maximum Annual Pension Rates and the VA pays the difference between countable family income and the yearly income limit based on a veterans situation below. The amounts listed below are annual amounts, the actual payments are made monthly rounded down to the nearest dollar.
Net Worth Bright-Line Limit effective 10-18-2018 is $123,600 (Penalty Period Rate is $2,169)
Net Worth Bright-Line Limit effective 12-01-2018 is $127,061 (Penalty Period Rate is $2,230)
2019 Veterans Pension Rate Table
|Maximum Annual Pension Rate (MAPR) Category||Amount|
|If you are a veteran...||Your yearly income must be less than...|
|Without Spouse or Child||$13,535|
|To be deducted, medical expenses must exceed 5% of MAPR, or, $676|
|With One Dependent||$17,724|
|To be deducted, medical expenses must exceed 5% of MAPR, or, $886|
|Housebound Without Dependents||$16,540|
|Housebound With One Dependent||$20,731|
|A&A Without Dependents||$22,577|
|A&A With One Dependent||$26,766|
|Two Vets Married to Each Other||$17,724|
|Two Vets Married to Each Other One H/B||$20,731|
|Two Vets Married to Each Other Both H/B||$23,734|
|Two Vets Married to Each Other One A/A||$26,766|
|Two Vets Married to Each Other One A/A One H/B||$29,764|
|Two Vets Married to Each Other Both A/A||$35,813|
|Add for Early War Veteran (Mexican Border Period or WW1) to any category above||$3,075|
|Add for Each Additional Child to any category above||$2,313|
|Child Earned Income Exclusion effective 1/1/2000||$7,200|
|Child Earned Income Exclusion effective 1/1/2001||$7,450|
|Child Earned Income Exclusion effective 1/1/2002||$7,700|
|Child Earned Income Exclusion effective 1/1/2003||$7,800|
|Child Earned Income Exclusion effective 1/1/2004||$7,950|
|Child Earned Income Exclusion effective 1/1/2005||$8,200|
|Child Earned Income Exclusion effective 1/1/2006||$8,450|
|Child Earned Income Exclusion effective 1/1/2007||$8,750|
|Child Earned Income Exclusion effective 1/1/2008||$8,950|
|Child Earned Income Exclusion effective 1/1/2009||$9,350|
|Child Earned Income Exclusion effective 1/1/2012||$9,750|
|Child Earned Income Exclusion effective 1/1/2013||$10,000|
|Child Earned Income Exclusion effective 1/1/2014||$10,150|
|Child Earned Income Exclusion effective 1/1/2015||$10,300|
|Child Earned Income Exclusion effective 1/1/2016||$10,350|
|Child Earned Income Exclusion effective 1/1/2017||$10,400|
|Child Earned Income Exclusion effective 1/1/2018||$12,000|
|Child Earned Income Exclusion effective 1/1/2019||$12,200|
VA Veterans pension helps veterans and their families cope with financial challenges by providing supplemental income through the Veterans Pension benefit. It is a tax-free monetary benefit payable to low-income wartime Veterans. Veterans must have at least 90 days of active duty service, with at least one day during a wartime period to qualify for a VA Pension. For those who entered active duty after September 7, 1980, service must have been at least one day during a wartime period and 24 months or the full period for which you were called or ordered to active duty (with some exceptions).
Additional eligibility criteria for the Veterans Pension in addition to service requirements:
- Age 65 or older, OR
- Totally and permanently disabled, OR
- A patient in a nursing home receiving skilled nursing care, OR
- Receiving Social Security Disability Insurance, OR
- Receiving Supplemental Security Income
Family income must be less than the amount set by Congress to qualify for the Veterans Pension benefit. The pension benefit is the difference between “countable” income and the annual pension limit set by Congress. The Department of Veterans Affairs generally pays this difference in 12 equal monthly payments.
How to Apply for Veterans Pension with VA Form 21-527EZ
- A & A – Aid & Attendance – A&A is a benefit paid in addition to monthly pension.Require the aid of another person to perform activities of daily living OR be blind or meet other specific visual acuity requirements OR be a patient in a nursing home because of physical and/or mental incapacity.
- Child Earned Income Exclusion – Excluded earnings amount from a dependent child.
- Countable income – Includes income from most sources as well as from any eligible dependents. It generally includes earnings, disability and retirement payments, interest and dividend payments from annuities, and net income from farming or a business. Some expenses, such as unreimbursed medical expenses, may reduce countable income.
- Housebound – Qualifications: Single disability rated 100% and separate disabilities rated 60% or more (Veterans only) OR Permanently housebound due to disabilities per 38 CFR 3.351(d) OR Hartness v Nicholson (2006) when pension has been granted based on the veteran being age 65 or older.
- MAPR – Maximum Annual Pension Rate – The MAPR is the maximum amount of pension payable to a veteran, surviving spouse or child. MAPR fluctuates based on individual circumstances related to number of dependents and if Housebound or Aid & Attendance qualifications. The MAPR is reduced for each dollar of income that the veteran, surviving spouse, child, or their families have.
- MBW – Mexican Border War.
- Net worth – Includes assets such as bank accounts, stocks, bonds, mutual funds, annuities, and any property other than your residence and a reasonable lot area. VA will determine whether assets are of a sufficiently large amount that one could live off of them for a reasonable period of time.
- Veterans Pension – Tax-free monetary benefit payable to low-income wartime Veterans.
|VA Loan Benefits for Disabled Veterans||VA Claim Exam|
|10 Veterans Benefits You May Not Know About||VA Decision Ready Claims (DRC) Program|
|How to Apply for Disability Pay||Best States with Veteran Benefits|