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VA benefits set to slightly increase in 2014

When veterans and their families, who receive disability compensation and retirement benefits from the Veterans Affairs Department, receive their annual cost-of-living increase next month, for the first time ever, it won’t be rounded down to the nearest dollar. Overall, the COLA for veterans benefits will increase 1.5 percent. That’s the same increase announced by the Social Security Administration in late October for all Social Security beneficiaries. Under annual legislation approved by Congress last month, the two must match...Read More

 

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