Unfortunately it appears that very few of the men and women who served in our armed forces are aware of the benefits to which they may be entitled.  For example, one of the most useful and under utilized benefits is the Veterans’ Pension Plan.

Although the Veterans Administration calls it a “Pension” Plan, this program is actually more similar to a needs based program, such as Medicaid and Supplemental Security Income.  The reason for this is because the Veterans’ Pension Plan has financial eligibility requirements, just like those programs do.  For those who do qualify, however, the benefits received can be a very useful source for paying the costs of long term care. (more…)