There are many benefits veterans are eligible for, however many don't know all that is available to them.
The first step is to gather data, says Peg Webb, Wealth Enhancement financial advisor and host of WCCO's Your Money.
"Finding all the information that you should have, like VA disability compensation," she explains. "Maybe you have military retirement pay, what coverage do you have?"
Webb says just because one may have been denied a benefit in the past doesn't mean they're still ineligible.
"Veterans who previously had claims denied may actually benefit from reviewing and looking at their personal circumstances," Webb adds. "You know, a past no isn't always final."
She said it sometimes takes perseverance to get what you deserve and to seek help from an outside source if necessary.
Webb adds that veterans are often missing out on opportunities such as tax free income.
"If you can get tax-free disability income, that would substantially help you through the rest of your life," she explained. "Because of your service and because of what you've accomplished, you're probably eligible for this tax-free disability."
Webb says to look at your existing benefit elections, confirm all your information is current, and if you need help to contact the Veterans Service Organization, American Legion or VFW to help review potential benefit eligibility.





