New VA Payment Rates for Veterans and Beneficiaries
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VA Benefit Payment Rates Increase
The Cost-of-Living Adjustment (COLA) for VA disability compensation benefits programs became effective on December 1, 2022. The 8.7% COLA increase is for the calendar year 2023.
Veterans and beneficiaries receiving VA disability compensation will notice an increase in their monthly payments, starting January 1, 2023. This annual increase impacts disability benefits, clothing allowance, Dependency and Indemnity Compensation (DIC), as well as other VA assistance programs. If you do not see a difference in the amount, you should contact the VA regional office near you.
To ask questions about applying for VA disability benefits or appealing a VA decision, reach out to a VA-accredited representative today.
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Sent to gary.demars1@gmail.com on behalf of US Department of Veterans Affairs
Veterans Benefits Administration · 810 Vermont Avenue, NW · Washington, DC 20420 · 1-800-827-1000
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Thursday, December 22, 2022
Annual Compensation Benefits Increase
Thursday, December 15, 2022
New VA Life Insurance Coming Soon
Protect Those Who Matter Most With VA Life Insurance
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New VA Life Insurance Coming Soon
VA Life Insurance policies have been serving our nation's Veterans, service members, and their families for over 100 years. Starting January 1, 2023, enrollment opens for Veterans Affairs Life Insurance (VALife)—a new program offering increased access for Veterans age 80 or under with any level of service-connected disability (0-100%).
Life insurance is a key component for future financial planning. With the right policy and coverage amount, life insurance can cover end-of-life costs, provide an inheritance to family, serve as income to a spouse, or cover some outstanding debts.
Those currently enrolled in VA's current policy for service-connected Veterans, Service-Disabled Veterans Life Insurance (S-DVI), may keep their coverage or switch to VALife. Although S-DVI will be closed to new enrollments after December 31, 2022.
Update your password or email address on your subscriber preferences page or unsubscribe at any time. You will need to use your email address to log in. For questions or problems with the subscription service, visit subscriberhelp.govdelivery.com.
Sent to gary.demars1@gmail.com on behalf of US Department of Veterans Affairs
Veterans Benefits Administration · 810 Vermont Avenue, NW · Washington, DC 20420 · 1-800-827-1000