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2025 Cost of Living Increase | How it Affects VA Disability & Social Security | COLA | theSITREP
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619,327 Views • Jul 31, 2024 • Click to toggle off description
In this episode of theSITREP, Paul discusses the projected Cost-of-Living-Adjustment (COLA) for 2025 and how it will affect VA Disability and Social Security. For additional information and to see which benefits you or your family may qualify, visit the web links below.

To view all our content, visit Ā Ā Ā /Ā @vamadesimpleĀ Ā 

To view or listen to podcasts, visit    • #theSITREPĀ |Ā VeteransĀ BenefitsĀ MadeĀ S...Ā Ā 

Need an immediate answer or help with a situation regarding VA benefits? Call, 24/7, at 1-800-MyVA411 (698-2411)

Have a topic suggestion or question you would like to see addressed on a future episode of theSITREP? Email us at theSITREP@va.gov. Please know that VA policy precludes us from being able to respond to personal email, however our team does its best to review and consider each submission. Thank you in advance for contacting us and supporting theSITREP!

Want to receive the newest episodes of theSITREP in your email inbox? Sign up for the VetResources email newsletter, which features the newest episodes and also offers Veteran-centric news stories, various deals and discounts, employment opportunities, and much more. To sign up, visit news.va.gov/vetresources/

ADDITIONAL INFORMATION

For additional information about 2025 COLA, visit:
www.fool.com/retirement/2024/07/27/social-security…

ABOUT VA
The Department of Veterans Affairs (VA) is comprised of three different administrations:

(1) Veterans Health Administration (VHA) - Provides health care at 1,298 facilities, including 171 hospitals and 1,113 outpatient clinics, serving 9 million enrolled Veterans each year.

(2) Veterans Benefits Administration (VBA) - Provides a variety of benefits and services for Service Members, Veterans, and their families including compensation, pension and fiduciary, insurance, education, loan guaranty, vocational rehabilitation and employment, and more.

(3) National Cemetery Administration (NCA) - Provides burial space for Veterans and their eligible family members, and maintains national cemeteries as national shrines, sacred to the honor and memory of those interred or memorialized there.

DISCLAIMER: The Department of Veterans Affairs does not endorse or officially sanction any entities that may be discussed in this video, nor any media, products, or services they may provide.

This video was produced and published by VA New England Healthcare System.

#theSITREP #VetResources #VAdisability
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2,072 Comments

Top Comments of this video!! :3

@Daisy-xyq

8 months ago

I get VA Disability, and while the increase is welcome, it’s not like it’s going to suddenly make everything more affordable. The cost of housing, food, and utilities just keeps going up.

1K |

@Hannahbenowitz

6 months ago

In the 1990s I sold pensions on the strength that the tax free lump sum would pay off most if not all of the mortgage and leave the investor with a pension for life. Most were over a 40 year term plus, I was not alone.

533 |

@IrishRA

8 months ago

Our COLA should be exactly the percentage that inflation is on a yearly basis.

758 |

@andyfitzgerald2988

8 months ago

Veterans deserve better. Let's take care of them please!!!!

511 |

@personofnointerest

8 months ago

Dear Fellow Veterans,

If you are telling our own community to be ā€œgratefulā€ or to ā€œget a jobā€, please rethink your stance and consider:

1) Not all veterans are capable, mentally or physically of working (consider yourself fortunate if you are; I’m happy for you!)

2) On average, a 100% disabled veterans pulls in around $3800ish depending on dependent status. That is $45,600 per year. It is next to impossible to live off this amount as a single person. I can’t imagine also being a single parent.

3) Because VA disability and comp isn’t taxable, anyone at 100% and not working has essentially ended their contributions to SSI. So, when they are of age to pull, that’s far less than had they been blessed with the ability to work.

All of this considered, ratings are SERVICE CONNECTED. Meaning, it was exacerbated or happened to the veteran while in service of the USA.

I commend you for being able to sustain life beyond your service to the country. But not all veterans are as fortunate.

We have enough people and the system beating us down, do we really need to turn on one another as well?

Do better.

701 |

@richwelch9023

8 months ago

As stated previously, pitiful. We deserve far more than what they project. Disabled Veterans should get a 15% increase every year. Our lives are altered forever by our service to this nation.

50 |

@t.j.pantazis8769

8 months ago

I swear, it feels like our country hates us. We aren't trying to get rich, we're trying to survive

82 |

@rocco9111

8 months ago

As I lay here on the floor because of my back pain, I am so glad to know the VA takes such great care of us, like refusing to do anything for months at a time, and expects us to thank them for miniscule increases. I love the VA so much

113 |

@riley539

8 months ago

The increase should be AT LEAST 95% of total inflation. VA benefits are expensive for the government, but we should NEVER be at the bottom of the list of priorities. Enough foreign intervention, take care of VETS

31 |

@MSpeedThree

8 months ago

Rampant inflation, food, gas and housing costs are through the roof! It should be at least 8%.

66 |

@stephenjones7354

8 months ago

Vietnam Veteran here. All vets deserve so much more for the sacrifices that they made including a cross the board increase in compensation. $400 to $500 just to keep up with total inflation in their lives . Thanks

142 |

@jefflibby4784

8 months ago

PLEASE... For the love of all who've served, give us a decent increase in COLA. It is ridiculously expensive, and I'm barely holding on by a thread.

191 |

@judimcrae9231

8 months ago

We need a 20% increase not a 2%

1.3K |

@Upcjasr

8 months ago

What i find amazing it the fact that secretary McDoungh makes $179,000.00 a year as secretary of veterans affairs and he is getting a 13% pay raise this year. He has never even been into a combat zone or even the military. But he did run a tents for refugees program. In my humble opinion that sucks .

117 |

@michaelgee683

8 months ago

I was involved in a hit and run accident where a vehicle ran me over. I had to go to the ER and i got a huge bill. I am trying to get the VA to pay for it because the VA is the only insurance I have. It has been an uphill battle trying to get help to pay this bill. These politicians are always talking about we love our Vets. This increase is a slap in the face.

90 |

@BlueOwlOracle

8 months ago

As a 100% DV and single mom, to me any increase is a blessing, we're scraping by! Grateful!

58 |

@travisyoutubeseriesofrando1363

8 months ago

Showing a projection of 2.65% as of this month, in case others are just looking for that number. I do enjoy the shortness of the video, thanks for that. straight to the point

10 |

@lawman3457

8 months ago

Vietnam vet here we need more than what we get

15 |

@tcat371

8 months ago

My last pay increase when I was working was 3%. The CEO got probably 25%. Nobody cares about us on the bottom.

214 |

@Mar-gv4eq

8 months ago

I just started getting paid for this so I’m honestly grateful for every penny..however there’s some out there that live off of this, there should be move given to them

7 |

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