Dependency and Indemnity Compensation
People can seek help from the Military Experts to get there DIC benefit related questions answered. Read below some of the most commonly asked dependency and indemnity compensation questions that have been answered by the Experts.
What percent of a deceased service members Survivor Benefit Plan (SBP) is the spouse entitled to if they are receiving dependency and indemnity compensation?The Survivor Benefit Plan is a life insurance program and it would be reduced on a dollar for dollar basis if the surviving spouse is receiving or eligible for dependency and indemnity compensation.
Could a surviving spouse collect dependency and indemnity compensation if the person is receiving Social Security benefits if so would it affect the amount the person receives in the Survivor Benefit Plan?The Dependency and Indemnity Compensation (DIC) is a tax-free Veterans Administration Benefit. It is for the surviving spouse and could affect the amount the surviving spouse would receive in the Survivor Benefit Plan. It may not affect the person from receiving Social Security.
Does a surviving spouse of a military service member have to give up their dependency and Indemnity Compensation benefits if the person wants to re-marry?If a person does remarry before they turn 56 they do have to give up their Dependency and Indemnity Compensation benefits. In case the person was to remarry after they turn 56 they would be able to retain their DIC.
Can a person receiving Dependency and Indemnity Compensation cash all of or part of their benefits in for a lump sum of money?The Veteran Administration (VA) will not pay a "lump sum" of money for any DIC benefits. Some companies are willing to buy the rights to the DIC benefits if the person receiving them is willing to sign a contract willing to do so.
Is a wounded service members wife eligible for dependency and Indemnity Compensation benefits if they were injured in the line of duty in the United States Marine Corps and are 100% disabled?The only way for a spouse to become eligible for dependency and indemnity compensation benefits is if the service member was to pass away due to a service related injury regardless of what branch of the military the serviceman was in.
Dependency and Indemnity Compensation or (DIC) is a tax free Veterans Administration benefit for the surviving spouse and or children paid monthly. When facing complications with the DIC guidelines people are not sure where they can turn for or to whom they can ask with their questions. If you have questions about dependency and indemnity compensation and need DIC help you could ask a Military Expert for fast and affordable answers.