Join Early Retirement Today
Thread Tools Search this Thread Display Modes
VA Medical Care Benefits
Old 04-04-2015, 08:23 AM   #1
Dryer sheet aficionado
Join Date: Jan 2012
Location: Spokane
Posts: 32
VA Medical Care Benefits

I recently learned that the VA no longer considers your Assets when you apply for medical benefits. As of March 15th, they only consider your income.

For me, because I control my income through monthly Roth IRA conversions to qualify for the ACA benefit, it was easy to adjust down a little to qualify for VA Priority Group 5, which provides veterans with free comprehensive medical care. Prior to the elimination of the "Asset" test, I was in Priority Group 8g, no benefits, because of the value of my early retirement savings and investments.

So, for those who served and can now qualify based on taxable income alone, Veterans Medical benefits might be of assistance to your early retirement security.

I should be able to continue to qualify financially until age 70. After that, social security and yearly RMD's will disqualify me. I'll still signup for Medicare at 65 but continue to use the VA until then.

"Semper Paratus"
Spokane2303 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Dumb tax question about receiving long-term care insurance benefits Nords Life after FIRE 12 03-03-2012 12:43 PM
?? Mom's care with Trust and VA benefits BoBo1 FIRE and Money 0 04-14-2011 08:24 AM
Medical Travel Caution - Superbug a 'consequence' of medical travel bruce1 Health and Early Retirement 16 08-19-2010 06:37 PM
Anyone using the VA for medical benefits? collkas Health and Early Retirement 17 02-21-2010 05:39 AM
Ah, Negotiated Medical Benefits sweetana3 Health and Early Retirement 4 06-06-2008 09:10 AM


All times are GMT -6. The time now is 01:24 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.