Chapter 6: Types of Financial Benefits – Am I Eligible?

Chapter 6: Types of Financial Benefits

Veterans may lack knowledge of employment benefits, including retirement plans and insurance, and the associated details, including copays, deductibles, premiums, etc. If they have a disability, they could be eligible for SSDI. Refer to the appendix for information about how they can access assistance from agencies that specialize in helping vets with disability claims.

Invite them to attend Goodwill’s Virtual Financial Literacy class and see if they’re interested in partnering with a health markets type insurance agent to explain benefits and options. Veterans can connect with their local US Department of Veterans Affairs (VA) where they can be assigned a case manager who can discuss in detail the health, disability, education, etc. benefits they may be eligible for. Consumer Financial Protection Bureau’s Office of Servicemember Affairs (OSA) works to help service members, veterans, and military families overcome unique financial challenges by providing educational resources, monitoring complaints, and working with other agencies to solve problems faced by service members. More information can be found in the appendix.

Military Benefit Information Links:

Home of Record (HOR) versus State of Legal Residency: Home of record and State of legal residency Basic Allowances - BAH Calculator:

https://www.defensetravel.dod.mil/site/bahCalc.cfm Official Thrift Savings Plan (TSP): Thrift Saving Plan Servicemember Civil Relief Act (SCRA): Servicemembers Civil Relief Act