There has been an increase in the 2024 VA disability pay. The new disability compensation rates took effect on December 1st, 2023. Learn about the current benefits for veterans with a 50% disability and the payment rate you will stand to gain.
Disability ratings
According to the Veterans Affairs (VA), a disability rating shows the degree or level of significance of a veteran’s impairments that are a result of his or her service for the United States. Disabled veterans can receive monthly tax-free compensation and medical care. It is one way the United States says thank you for your service.
According to the Veterans Affairs (VA), a 50% disability rating is the degree of impairment that is a result of service in the United States.
You can also learn more about How to File a VA Disability Claim.
What is the compensation for the 50% for the United States?
Veterans with a 50% disability rating are entitled to monthly tax-free compensation of $1,014.82, as of match 2024. If the veteran has a spouse or dependent children, then this monthly compensation will increase. You can get more information on this by visiting VA disability rates and compensation tables.
2024 Benefits for a Veteran with a 50% disability rating?
If you are a Veteran with a 50% disability rating, here is the current benefit the VA provides for you:
- Compensation: A 50% VA disability rating is entitled to a monthly payment of about $1,014.82. However, if the VA has a spouse or independent children or both, then this amount will be increased.
- Veterans Benefits Banking Programs (VBBP): This banking program is offered to veterans who are eligible to receive federal payments.
- Health care and Prescription Medications: 50% of veterans are entitled to a zero cost on medical as well as prescribed medications.
- Travel Allowance: Disabled VA obtains travel allowance benefits, which help the disabled Veteran on this travel for a scheduled appointment at the VA facility or any VA-authorised health facility.
- Tax Exemption: Disabled veterans enjoy the benefits of state-specific tax exemptions.
- VA funding fee for Home Loan Waiver: Disabled VA is given preference on one-time funding fee which is charged on VA home loans.
- Vocational Rehabilitation and Employment: Veterans with a 50% disability rate benefit from a tailored career and employment to suit the veteran with a disability that is due to his or her services to the United States.
Other benefits include:
- Burial and plot allowances
- A concurrent receipt of military retired pay
- VA disability agents also get commissary and exchange privileges.
Bounce tip
Are you wondering what the 2024 pay rate for 30% – 60% is?
Here is a take-home bunce. Learn about the current 2024 pay rating for a 30% disabled VA to the 60%, you are entitled to.
| A Disabled Dependent Status | 30% VA Disability Rating | 40% VA Disability Rating | 50% VA Disability Rating | 60% VA Disability Rating |
| A Disabled Veteran with no dependents | $524.31 | $755.28 | $1,075.16 | $1,361.88 |
| A disabled veteran with Spouse with no dependents | $586.31 | $838.28 | $1,179.16 | $1,486.88 |
| A disabled veteran with a spouse and 1 Child | $632.31 | $899.28 | $1,255.16 | $1,577.88 |
| A disabled veteran with 1 Child | $565.31 | $810.28 | $1,144.16 | $1,444.88 |
| A disabled veteran with 1 Parent | $574.31 | $821.28 | $1,158.16 | $1,461.88 |
| A disabled veteran with 2 Parents | $624.31 | $887.28 | $1,241.16 | $1,561.88 |
| A disabled veteran with 1 Parent and 1 Child | $615.31 | $876.28 | $1,227.16 | $1,544.88 |
| A disabled Veteran with 2 Parents and 1 Child | $665.31 | $942.28 | $1,310.16 | $1,644.88 |
| A disabled veteran with a spouse and 1 Parent | $636.31 | $904.28 | $1,262.16 | $1,586.88 |
| A disabled veteran with a Spouse and 2 Parents | $686.31 | $970.28 | $1,345.16 | $1,686.88 |
| A disabled veteran with a Spouse, 1 Parent, and 1 Child | $682.31 | $965.28 | $1,338.16 | $1,677.88 |
| A disabled veteran with a Spouse, 2 Parents, and 1 Child | $732.31 | $1,031.28 | $1,421.16 | $1,777.88 |
| Each Additional Child Under 18 | $31 | $41 | $51 | $62 |
| Each Additional Schoolchild Over Age 18 in the School | $100 | $133 | $167 | $200 |
| Additional for Spouse on Aid and Attendance | $57 | $76 | $95 | $114 |
