How Disabled Veterans Can Earn An Income
You have just received your VA rating and may be wondering what’s next. Sometimes the process of getting compensated can be daunting. Luckily, there is a variety of monthly compensation programs that are available to disabled veterans.
Whether you need to pay bills, have a mortgage loan to clear, or plan on paying for a family member’s education, the 100 VA rating may not be enough for you. The amount you can earn per month depends on whether you can work. In this article, we will discuss the benefits you can gain as a disabled veteran. Let’s take a look.
Total Disability Individual Unemployability (TDIU)
TDIU is a disability rating granted to a veteran if it’s proven that their disabilities limit them from gaining employment. It’s essential to note that the disabilities that must be service-related. Most people think that they have a TDIU rating is granted to veterans with more than a specific percentage of disability.
However, the truth is that you don’t need a 100% disability rating to qualify for a TDIU rating. You can be eligible for a TDIU rating once a service-related disability limits you from working.
How Much TDIU Rating Disabled Veterans Receive
Disabled veterans can receive up to $3000 TDIU benefits. However, this depends on whether the disabled veteran has dependents. You qualify for these benefits if you’re working and earn less than the poverty threshold amount. In this case, you’re considered to be under marginal employment.
Marginal employment is when your income isn’t significantly gainful. If you earn less than $12,140 per year as income, then you qualify for TDIU benefits. Unfortunately, receiving compensation isn’t easy, and that is why seeking disability benefits assistance is important. Speaking with a professional will allow you to gain further insight into your current situation. Understanding your disability benefits options early will allow you to make a more informed decision.
Veterans With Scheduler Ratings
Receiving 100% schedular ratings means that the service-related disabilities interfered with your ability to work. Remember that it interferes but doesn’t limit you from working. The schedule ratings allow you to work as much as you can.
You can earn a significant monthly income and still get 100% schedular rating benefits. You can also receive additional amounts, especially if you’re married or have minors or dependent parents. This minimum amount changes yearly depending on changes in the cost of living.
However, the monthly benefits depend on your VA rating percentage. Consider doing some online research in order to check how much you can receive if you have a lower veteran disability rating.
By following the tips above, you will have everything you need to know about how disabled veterans earn money. If you’re stuck, you can always get veteran disability application assistance from a professional.