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Posts tagged "alimony"

Double Dipping - Military Retirement Pay and VA Disability Pay

Most people who served or are/were married to someone who served, have heard that you either draw Military Retirement Benefit or VA Disability Compensation. The basic principal behind this is that you cannot double-dip from both money pots. As such, especially in light of the fact that someone can "waive" their Military Retirement(which is taxable) and get VA Disability(not taxable) instead, to get a couple extra dollars, most people choose the tax-free VA money as soon as it is an option.

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