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Podcast #137: Are You Eligible for Special Monthly Compensation?
Manage episode 361939485 series 2577669
Are You Eligible for Special Monthly Compensation?
Special monthly compensation (SMC) is a special form of VA disability payment intended to help veterans, spouses, surviving spouses, or parents that have certain needs or disabilities.
Veterans who receive a VA disability rating are most often given a rating between 0% and 100%. This is known as a schedular rating, with conditions in the disability rating schedule assigned a specific percentage (ratings) that reflect the severity of the disability. Each 10% increment in the veteran’s overall disability rating (along the way from 0 to 100) corresponds to an increase in tax-free monthly compensation.
Many veterans awarded service connection with schedular (10%-100%) ratings assume that no further benefits are available to them. However, the VA acknowledges that some disabilities and/or financial needs deserve compensation greater than what a schedular rating can offer—even if you have a 100% rating. That’s where Special monthly compensation comes in.
Let’s take a closer look and answer some of the most-asked questions surrounding special monthly compensation!
Do You Need VA Claim Help?
WE'RE THE EXPERTS!
If you need some help with your VA disability claim, join VA Claims Insider Elite TODAY and get started on your VA disability claim for FREE: https://vaclaimsinsider.com/elite-membership/
***Video Timestamps***
⏩ 00:00 VA Claims Insider Introduction
⏩ 07:58 What is Special Monthly Compensation (SMC)?
⏩ 10:37 How Do You Go About Applying For Special Monthly Compensation From the VA?
⏩ 11:58 What Are the Current Special Monthly Compensation Rates?
⏩ 13:47 Categories of Special Monthly Compensation
⏩ 17:28 What Are the Most Common SMCs?
⏩ 18:58 How Do You Know If Your Conditions Qualify For SMC?
⏩ 21:02 Questions Answered by VA Claim Experts
⏩ 54:24 Need VA Disability Claim Help?
📱 Schedule your FREE Discovery Call right now! You'll get to talk to one of our team members who can answer all of your questions and help you develop a winning strategy: https://vaclaims.help
✔️Join VA Claims Insider Elite, get instant access to the ELITE Experience Portal (EEP) and $13,119 worth of proprietary VA claim resources TODAY, and obtain VA Nexus Letters: https://vaclaimsinsider.com/elite-membership/
👉 Get FREE VA claim resources at our website: https://vaclaimsinsider.com/
🚀 Check out the VA Claims Insider blog here:
https://vaclaimsinsider.com/blog/
📺 Check out The VA Claims Insider YouTube channel:
https://www.youtube.com/vaclaimsinsider
🔥 We go LIVE every Wednesday 11am CST on Facebook:
https://www.facebook.com/vaclaimsinsider
#vaclaimhelp #vaclaims #vaclaimsinsider
153 episódios
Manage episode 361939485 series 2577669
Are You Eligible for Special Monthly Compensation?
Special monthly compensation (SMC) is a special form of VA disability payment intended to help veterans, spouses, surviving spouses, or parents that have certain needs or disabilities.
Veterans who receive a VA disability rating are most often given a rating between 0% and 100%. This is known as a schedular rating, with conditions in the disability rating schedule assigned a specific percentage (ratings) that reflect the severity of the disability. Each 10% increment in the veteran’s overall disability rating (along the way from 0 to 100) corresponds to an increase in tax-free monthly compensation.
Many veterans awarded service connection with schedular (10%-100%) ratings assume that no further benefits are available to them. However, the VA acknowledges that some disabilities and/or financial needs deserve compensation greater than what a schedular rating can offer—even if you have a 100% rating. That’s where Special monthly compensation comes in.
Let’s take a closer look and answer some of the most-asked questions surrounding special monthly compensation!
Do You Need VA Claim Help?
WE'RE THE EXPERTS!
If you need some help with your VA disability claim, join VA Claims Insider Elite TODAY and get started on your VA disability claim for FREE: https://vaclaimsinsider.com/elite-membership/
***Video Timestamps***
⏩ 00:00 VA Claims Insider Introduction
⏩ 07:58 What is Special Monthly Compensation (SMC)?
⏩ 10:37 How Do You Go About Applying For Special Monthly Compensation From the VA?
⏩ 11:58 What Are the Current Special Monthly Compensation Rates?
⏩ 13:47 Categories of Special Monthly Compensation
⏩ 17:28 What Are the Most Common SMCs?
⏩ 18:58 How Do You Know If Your Conditions Qualify For SMC?
⏩ 21:02 Questions Answered by VA Claim Experts
⏩ 54:24 Need VA Disability Claim Help?
📱 Schedule your FREE Discovery Call right now! You'll get to talk to one of our team members who can answer all of your questions and help you develop a winning strategy: https://vaclaims.help
✔️Join VA Claims Insider Elite, get instant access to the ELITE Experience Portal (EEP) and $13,119 worth of proprietary VA claim resources TODAY, and obtain VA Nexus Letters: https://vaclaimsinsider.com/elite-membership/
👉 Get FREE VA claim resources at our website: https://vaclaimsinsider.com/
🚀 Check out the VA Claims Insider blog here:
https://vaclaimsinsider.com/blog/
📺 Check out The VA Claims Insider YouTube channel:
https://www.youtube.com/vaclaimsinsider
🔥 We go LIVE every Wednesday 11am CST on Facebook:
https://www.facebook.com/vaclaimsinsider
#vaclaimhelp #vaclaims #vaclaimsinsider
153 episódios
Alla avsnitt
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