VA disability benefits for fiscal year 2024 will be paid out soon by the Department of Veterans Affairs. Those who have applied will see a 3.2% increase in benefits, but all applicants want to know when they will receive their monthly checks. Disability benefits for a particular month are paid out on the first business day of the following month. If a business day of the following month falls on a weekend or holiday, these VA benefits are programmed to be paid out on the last business day of the previous month. However, for the sake of transparency, we will be specific about the dates on which the VA disability benefit schedule will run. However, before we talk about the complete schedule, we need to have a better understanding of what your monthly VA disability benefits are.
More about VA disability benefits
According to the Department of Veterans Affairs, VA Disability Benefits or Disability Compensation is a tax-free monthly benefit provided to veterans who have a service-connected disability and are not “demonstrably discharged.” These veterans are eligible to receive a tax-free monthly benefit ranging from $165 to over $3,600. You can find out more about VA Disability Benefits and how to apply for benefits on the official VA website. There are also dependent and indemnity benefits for veterans. These include Veterans and Survivors Pension Compensation, Special Monthly Compensation, Assistance and Nursing Care, and Home Allowance.
As for payment dates, most dates in 2024 are the 1st of each month except for four months. For May payments, veterans will receive their checks on May 31st. In August, veterans will receive their payments on August 30th. In November, veterans will receive their payments on November 29th. December checks will reach veterans on December 31st. For all other months, checks will be received on the 1st of each month. Stay up to date on all of your veteran benefits through the Department of Veterans Affairs.