kavonjones_53podcastjan2025_podcastsegment1_v5
===
[00:00:00] We want to make sure that everything is together, you know, because at the end of the day, uh, compensation matters to everyone with that being said, you know, there could be errors, there could be missing payments. There could be things that you may not be aware of. A lot of times the information on just online shows you a lot of direct info, but not enough.
So that's where we're here to go ahead and kind of needle that down. Listen, veterans, if you have a child. or spouse, please add them to your actual benefits. Okay. Most veterans never add their dependents and it's totally unfortunate because that's additional pay for you and your family that is actually authorized.
What about 0%? 0 percent is a very valuable percentage that most do not consider. Having a service related injury could also put you in a position to receive VA medical care. Never forget that.[00:01:00]
Hello, welcome to the prepare to compete podcast. We talk all things, VA benefits, real estate, entrepreneurship, and more. And I'm Kayvon Jones, civilian, patriot, entrepreneur, and host of the number one veteran podcast. Hello, and I'm Kenneth Davis, CEO of Veterans for Veterans and, uh, continuously a veteran servant.
Definitely Kenneth. So the first question we have today is, why is it important for veterans to verify their pay rates? Listen. Veterans, um, just as we know, right, uh, being in the military, uh, we have the support of DFAS and, uh, finance to be able to get everything correct for, or pay for families when, uh, we're deployed and we want to make sure that everything is together, you know, because at the end of the day, uh, compensation matters to everyone.
[00:02:00] Um, so with that being said, you know, there could be errors, there could be missing payments, there could be things that you may not, uh, be aware of. Some veterans may receive an extra bonus, you know, um, special monthly compensation, uh, uh, some veterans could have had additional children. We want to know. Uh, what you are supposed to be compensated a lot of times.
Uh, the information on, uh, just online shows you a lot of, uh, direct info, but not enough. So, that's where we're here to go ahead and kind of needle that down. No, absolutely not. That's definitely very important. So, with knowing that, what steps should veterans take to verify their 2025 VA pay rates? Um, great question.
Great question. So, first and foremost, uh, the pay, Uh, each year, uh, you can kind of analyze, uh, what the pay structure is going to be or assumed to be, uh, where Congress, again, gets together where we're going to figure out, uh, what is the cost of living [00:03:00] adjustment. Typically, again, it is associated and, uh, very closely related to, uh, Social Security.
Um, you know, anytime that you see any adjustments of that nature, um, I don't want to get into the technicals, but anytime you see a pay raise that's possibly for Social Security, you're nine times out of 10 going to. Possibly see it for, uh, the veterans. Okay. VA. But with that being said, uh, you also need to know that, that specifically going on to your VA.
gov, uh, account, that's going to be able to, uh, provide you that info is going to be there. All right. December is the month. October is the release. Okay. December is effective date and October is the release of information. Always consider that. Always understand that. All right. So if anyone tells you beforehand that they have info of, Hey, this is the pay rate, um, tell them to find it on paper.
Okay. Uh, tell them the final regulation, the law, or the actual legislation that got [00:04:00] pushed up to accept that. All right. So, um, anytime that is, uh, additional pay is going to be, or a compensation that's going to be affiliated with any type of benefits, it needs to be approved. Okay. It has to go up just like any other, uh, regulation change.
Now with that, what are some common mistakes veterans make when checking their pay? Great question. So, one huge common mistake that most veterans make while checking their compensation, um, a lot of times they, uh, are confused in relation to their effective date of pay. As veterans, uh, assuming, you know, obviously you've sacrificed for the country.
A lot of times the VA is not going to recognize that sacrifice during service. So, they recognize your intent to file. That's what they recognize. So, make sure that recognition is in place when your effective date of pay. That is the [00:05:00] most number one common mistake for most veterans in regards to checking pay.
Okay. Uh, secondly, um, missing their dependents. Listen veterans, if you have a child. Or spouse, please add them to your actual benefits. Okay, um, you must be 30 percent or more to be able to receive additional pay for your dependents. However, most veterans never add their dependents and it's totally unfortunate because that's additional pay for you and your family that is actually authorized.
So that's, uh, kind of number two, the biggest, biggest, uh, uh, miss, misstep there, um, and third misstep there, um, and this is a bonus, right, because it's a under layer, right? Most veterans feel as though that they cannot add their A, uh, school age [00:06:00] child and what is a school age child you ask? Well, a school age child is a child that's 18 or older.
Okay, we have children that are 18 in high school all the time. Let me tell you guys, please add that child to your actual dependency. Claim. Okay. Um, there's a form 21674. You can be able to go ahead and add that child to your actual dependency. Okay. You're able to go ahead and add that school age child all the way up until the age of 26.
Even if they're married, but we can kind of pull it back to layers over and over again. So, uh, those are kind of some of the most common mistakes, uh, but there's others as well. Uh, but with the, again, this cost of living adjustment increase, uh, listen, please, please, please. Take an effect how it is going to one help you and your family because again, we understand that [00:07:00] the economy is continuously moving forward and things are getting more and more expensive.
No, no, absolutely not. That's great information there. And even with that, um, school age child is over 18. You know, uh, I've, I've seen a situation where, you know, a lot of our active duty service members, uh, they're a little bit overzealous sometimes when they're applying for their service connection, right, right out of service.
And so they're filled out, you know, they filled out the claim and they have that pending and they're also filling out the, uh, 686 form, right? Uh, To actually add their dependents and then that secondary form to add the school age child. However, uh, that form could actually be denied If they actually are reviewing that prior to them being awarded their benefits So, you know, that's something else that I think veterans need to be knowledgeable of and you may want to kind of say a little A few words on that we're talking about the va [00:08:00] before back in the day.
Let's go. Let's take it back a little bit Before, you know, you could be able to, uh, fill out a form and, and put on a napkin of your, you know, your child's information and be able to get it approved. Right? Well, no, you have to get it on the correct prescribed form. But when you put it on the pres, uh, correct prescribed form, um, just as you alluded to.
You need to make sure that you're putting in place the correct time to do so. 10 percent to 20%, you don't qualify. 30 percent on, you qualify. If you are still in active duty service, you do not qualify. It is nothing to need to be submitted with a BDD claim. If you want to know what a BDD claim is, please scroll back and check some of our videos that you can be able to get that information from.
Um, [00:09:00] so with that, it's going to be very, very important when you submit that claim. Make sure it's on the correct prescribed form as well. Because you will and can be denied. Wonderful information there. Wonderful information. You know, Kenneth is actually going to be breaking down a lot of stuff here. And you know, the next thing we would like for you to do for us is can you break down the 2025 VA pay rates for us today?
Of course. Um, listen, the pay rates are gonna be going up here and we're going to go ahead and talk about that now. All right, veterans. So here we are, VA disability compensation rates for 2025. You've made it to the turn of the year, and now it is time for your cost of living adjustment. That you sacrificed for, you deserve, and you have earned.
This is an exclusive benefit for [00:10:00] your ailments, that is again, that you suffer from, that was deemed an injury. while sacrificing for this country. We're going to get right into it. All right, veterans. So we're going to go ahead and go off the chart that compensation rates. However, I do want to point out something that most veterans are not taking into consideration.
What about zero percent? Zero percent is a very valuable percentage that most. Do not consider having a service related injury could also put you in a position to receive VA medical care. Never forget that VA medical care that is totally free without any copays based upon a service connected injury. So be very considerable of that.
Now we're going to also consider as well access to military installations. Being a [00:11:00] service connected disabled veteran, you have access to military installations to be able to, uh, to be able to go on base to shop at the commissary, BX, NEX, so on and so forth. So taking consideration of that, because that's a huge, huge component, because why?
Well, Don't forget about the tax free benefits on base and also discounts and different things of that nature. But always consider it is discretionary if the base or military installation allows you. Now let's roll right into it. So 10 percent disability, that is going to get you a base rate of 175 on a monthly basis.
Okay, 175, but now taking consideration. This is tax free. Okay. Tax free benefit. It is going to be direct deposit to you every single month. Again, ongoingly for the rest of your life. With that, I also want you to understand and consider, [00:12:00] uh, this 10 percent could impact daily functioning needs. Not so severe.
However, severe enough that it does affect you and is chronic and goes ongoing. Now, 20%, 20 percent base rate is going to be 346. 95. Okay. As you know, monthly basis every single month for the rest of your life. There's many, many ancillary benefits that we can talk about per. Uh, each disability rating, we won't do that this go around.
We're only focusing on the compensation rates, but again, that would be another video for another day. Uh, specifically federal state benefits are going to be offered, but we'll talk about that at a later date with that. 30 percent 30 percent this here is going to get you a base rate with no dependents at a rate of 537 537 42.
Okay. No [00:13:00] dependents. However, now, if you have a dependent taking consideration that with a spouse, you're going to be able to receive 601 42 with. A child, you're going to be able to receive 579 42, okay, that is one and one. Okay. And what I mean by one and one, it means again, base rate with a spouse, one spouse base rate with a child, one child.
Separate. Okay. So, um, with that, obviously this is the beginning, the access of the dependency, uh, police taking consideration. Dependency is a option for many veterans, spouse, child, parent, taking that consideration veterans. All right, we'll go ahead and continue on. However, we'll provide more information in relation to all dependency information.
Later time. Now at a 40 percent rate for you. All right. That 40 percent rate is going to go ahead and get you, [00:14:00] uh, with no dependents, the seven 78 here with 43 cents, no dependents spouse. It's going to go to provide you the eight 55, uh, 43 with child eight 24, 43. Okay. But taking consideration, uh, one and one, okay.
Base rate with a spouse. A 55 base rate with a child, a 24. All right. Now, moving on. 50%. 50 percent is going to go ahead and provide you the 1097 with 76 cents. No dependence. Again, base rate. Tax free. Taking that consideration. Tax free. Okay. Um, it is considered that and we want to make sure we can go on and get into that again.
We'll educate in that that manner and the later date now with [00:15:00] spouse. 1195 with 76 cent with child 1157 76 cents. All right, moving on here. 60 percent 60 percent that's gonna be 1385. Okay. 1385 with no dependence with spouse 1503 with child 1457. All right, that's 60 percent 70 percent here. That's going to go ahead and provide you the 1663 1663
with spouse 1802 with child 1748. Okay. 70 percent is very special. As you know, uh, we teach veterans benefits and educate. However, we want to make sure that we're educating the right way. [00:16:00] A veteran may qualify and may qualify for individual unemployability. If cannot, if you cannot maintain the Gained full employment.
We'll speak about that. Later date, later time. If you have immediate questions, don't hesitate to reach out. Now, 80%. Now we're going to go ahead and again expound upon this. It's going to be 1933. Alright. With no dependents. With spouse, 2092. With child, 2030. Okay. With child, 2030. 90 percent it's going to be 2172 with no dependents with spouse 2352 with child 2282.
All right. And the hundred percentile, this is going to go ahead and get you the, with no dependents [00:17:00] 3831 with spouse 4044. With child 39, 74, as we know, 100%, it's going to qualify you for other ancillary benefits, uh, beyond just compensation to include all the other, uh, again, uh, disability percentages as well.
Um, but access to a permanent and permanent in total disability will then be able to qualify you for, um, again, a various amount of other benefits associated. Um, again, with all the other benefit percentages as well, you may qualify for special monthly compensation, automobile allowances, housing grants, um, so on and so forth, which again, uh, we have, uh, again, we have so much information.
Um, in regards to our platform where we're teaching courses based upon all the additional benefits. Um, again, that link will be below where [00:18:00] you can be able to go ahead and, um, again, uh, access that information as well. All right. Now, when we're talking about this, uh, we always want to consider. All additional considerable benefits, right?
So, when we're talking about, again, additional considerations, qualifying for dependents, including spouse, child under 18. Now, when we're talking about dependents, that, we understand that a lot of blended families together. Okay. That means adoption, adopted children. Okay. That means stepchildren. All right.
So make sure we're taking that in consideration as well. All right. Um, also, uh, dependent parents. Um, I think that's a big miss that most veterans, uh, just do not take advantage of. It is a very, again, honorable duty of a veteran or anyone. However, A veteran is able to be compensated for being able to take on a [00:19:00] dependent.
Now, also when we talk about a lot of these other issues, such as special monthly compensation, which again, we have courses on that to be able to teach and be able to provide information on special monthly compensation. I'm not going to get too much into it. But again, special monthly compensation, aid in attendance, so on and so forth is definitely a priority of benefits, uh, uh, with other local and state benefits that's offered to you.
All right. And again, property taxing exemption. For many states. Again, these are various states. Um, you know, obviously these are legislations that sometimes may or may not be in effect. But you want to check with your local office or go ahead and give us a call. We'll definitely be able to support you and kind of walk you down that information.
Um, at the end of the day, we want to make sure that we support educate you. And also thrive to share information to help one another. Absolutely. Kenneth, wonderful, wonderful information here. As we kind of close out [00:20:00] the segment, uh, when they get one last question for you. Uh, now we went down every, um. Part of the compensation, literally zero to a hundred and our veterans definitely appreciate that and their families appreciate that because the details, we definitely want to know that.
So with understanding all of those different components, if you could kind of just leave us with, you know, just some final advice. Uh, that you would want to give to veterans regarding their pay rates in terms of, you know, what should they know going into 2025? Um, yes, sir. Going into 2025, I want you to take into consideration that, um, these benefits are authorized for you.
If there is a point in time when, uh, the benefits are going to, uh, kind of go through overall, the VA, uh, understandably, uh, they're changing on a regular basis. Take the time [00:21:00] to get the assistance needed to get access to your service, your benefits. If you do not take that time, you may miss out on, again, benefits for Your family that you actually sacrificed for.
You went to the military to serve your country and now serving a country, please take advantage of the exclusivity of the benefits that's offered to you. If you don't hear anything, please make sure you understand. that this is not a welfare. It's a benefit for your service. Absolutely. Wonderful.
Wonderful. Well, this wraps this first segment here of 2025. Definitely appreciate if you're listening here, we want to make sure that you have the resources available, right? So, um, if you are interested in [00:22:00] maximizing your VA benefits, please. Reach out. We're here to help. You can actually book a consultation with us.
Our phone number is on screen if you're watching that way, but if not, I'll go ahead and let you know. 619 786 0465. Uh, one more time. That is 619 area code 7 8 6 0 4 6 5. Go ahead and give us a call, book a free consultation, and we'll be able to educate you on your benefits and assist you with your goal of maximizing your compensation.
As well, if you have. Other, uh, kind of, uh, resources that you need. We have those resources available as well. If you want to do things independently, we have a whole entire course on our community that you can actually purchase. Uh, the link is in the description [00:23:00] below. Vet for vets info.com is the website that's vets for vets info.com for that website.
Go ahead, wealth of knowledge and also a free veteran community, right? Well, we're talking about and having a host of resources regarding VA benefits, real estate, entrepreneurship, and the myriad of other interests, active duty service members and veterans are interested in. So definitely please take part in that community.
The, uh, link is in the description. Uh, you can visit that website and also it's on screen here. So we are here for you veterans and, you know, definitely, uh, leave any type of comments for any feedbacks or questions. We would love to have them and, uh, answer those questions, uh, within the comments, but also as a new segment for, for future filming here.
So definitely let us know what you want to hear about here. For sure. For sure. Veterans listen. As a veteran, [00:24:00] sometimes you feel lost, sometimes you feel not seen, sometimes you feel unheard. By joining the community, you have this opportunity to be able to share your stories, to be able to uplift, and also to be able to support other veterans.
You're one of many. You're not alone. Join the community to get the support you need. This is not Facebook. This is a veteran community. So with that being said, join now and get the support help and camaraderie. that you deserve and that we all desire. Absolutely. Great information, man. Stay tuned. We have upcoming a wealth of more information here, getting into the VA loan segment on how to build wealth in 2025.
Stay tuned. See you in the next [00:25:00] one.
