Welcome to "Right on the Money," the weekly talk show with interviews that can help you maximize your money and optimize your financial future. Before moving forward with any of the ideas discussed on the show, always consult your financial advisor, insurance professional, or tax consultant. Looking for financial help for a second opinion? We can help you in your search. And now, your host, the "Right on the Money" syndicated financial columnist and money colored commentator, Steve's above. In this segment, we're comparing service-connected and non-service-connected veterans benefits with elder law attorney, veterans benefits specialists, and former president of the U.S. Senior Vets, Richard Schultz, MBA. Richard, you were going to tie up a little on the Vietnam era. Yeah, out of touch base and really out of Vietnam, and it came to VA as we know it. I just want to hit that because in 1988 is when the VA became a cabinet position, and the Veterans Administration as we know it came about with the three segments that we're familiar with: the Veterans Health Administration, the Veterans Benefits Administration, and the National Cemetery system. That kind of lends us right into service-related and non-service-related benefits because that's effectively when those both came about, if you will. Now, when you're talking about this, break me down the definition. What does connected and non-connected service benefits mean? Very good. So, when you talk about service-related, mostly we're going to be talking about combat or injury-related compensation. So, those are compensation for injuries that happened either in the line of duty or as a result of duty. And those are the ones where you hear about somebody's such-and-such percentage disabled. Those are service-related, or yes, service-connected. Non-service-connected benefits, at least the way I like to use them, the way the...
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Life insurance for veterans over 60 Form: What You Should Know
For more details on the life insurance premiums and coverage options you have this year, check out the Life Insurance Price Guide by The Military Benefit Association.
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