How Much Will VA Benefits Increase in 2023?
Are you a veteran with a disability rating? Do you receive disability benefits from the Department of Veterans Affairs (VA) for a back injury or PTSD? Many who have served in the United States Military rely on disability benefits to support their families after their time in service and the team here at VABenefits Attorneys is here to support our American heroes in the courtroom. Veterans who receive VA benefits may want to know – how much will VA benefits increase in 2023 – and we are here to help.
What Are the VA Disability Rates in 2023?
Many veterans who rely on VA disability benefits are concerned about how inflation and the increased cost of living will impact their benefits and we are here to help at VABenefits Attorneys. Veterans disability pay rates are expected to receive an 8.7% cost-of-living increase in the next year – the largest increase in more than 40 years. The new and updated disability rates will be finalized and go into effect on December 1, 2022. Contact your local VA representative for more information on precise disability rates after December 1.
Here is an example of how the VA disability rates are expected to increase in the next year with an 8.7% cost-of-living adjustment:
Table of Estimated 2023 VA Disability Rates
Single Veteran | 2022 Rate | Estimated 2023 Rate |
---|---|---|
10% Disability | $152.64 Per Month | $165.92 Per Month |
20% Disability | $301.74 Per Month | $327.99 Per Month |
30% Disability | $467.39 Per Month | $508.05 Per Month |
40% Disability | $673.28 Per Month | $731.86 Per Month |
50% Disability | $958.44 Per Month | $1,041.82 Per Month |
60% Disability | $1,214.03 Per Month | $1,319.65 Per Month |
70% Disability | $1,529.95 Per Month | $1,663.06 Per Month |
80% Disability | $1,778.43 Per Month | $1,933.15 Per Month |
90% Disability | $1,998.52 Per Month | $2,172.39 Per Month |
100% Disability | $3,332.06 Per Month | $3,621.95 Per Month |
Married Veteran with Child | 2022 Rate | Estimated 2023 Rate |
---|---|---|
10% Disability | $152.64 Per Month | $165.92 Per Month |
20% Disability | $301.74 Per Month | $327.99 Per Month |
30% Disability | $563.39 Per Month | $612.40 Per Month |
40% Disability | $801.28 Per Month | $870.99 Per Month |
50% Disability | $1,118.44 Per Month | $1,215.74 Per Month |
60% Disability | $1,407.03 Per Month | $1,529.44 Per Month |
70% Disability | $1,754.95 Per Month | $1,907.63 Per Month |
80% Disability | $2,035.43 Per Month | $2,212.51 Per Month |
90% Disability | $2,287.52 Per Month | $2,486.53 Per Month |
100% Disability | $3,653.89 Per Month | $3,971.78 Per Month |
Do I Qualify for VA Disability Benefits?
Are you a veteran or dependent of a veteran that struggles with medical issues? You may have asked – am I eligible for VA disability benefits? To qualify for disability benefits, you must meet specific criteria created by the Department of Veterans Affairs.
- You served on active duty, active duty for training or inactive duty for training AND you have a current medical condition that impacts your mind or body.
And you must meet ONE of the following criteria:
- You became sick or injured while serving in the military and can link your medical condition to your time in service.
- You had an illness or injury prior to your service that was made worse while you served.
- You have a disability or injury that is related to your time in service – but did not appear until the conclusion of your service.
READ MORE: What Are the Top Reasons Veterans Claims Are Denied?
Veterans who receive disability benefits from the Department of Veterans Affairs have asked – how much will VA benefits increase in 2023 – and we are here to answer your questions at VABenefits Attorneys. Do you need help making a claim with the VA or getting your benefits? Contact VABenefits Attorneys today for a FREE case review!