Roy Strong of Strong Financial Services in Brownsburg has been helping families who are transitioning into the health care environment, whether it is assisted living, nursing home care, memory care, or home care.
Strong looks at it from a legal and financial perspective. He specializes in areas related to Medicaid and the Veteran’s Administration Aid and Attendance Pension Planning. He says the Special Monthly Pension with Aid and Attendance is the government’s best kept secret.
“I cannot tell you how many seniors have told me that they called the Veterans Affairs and were told that this pension does not exist, or that they do not qualify,” Strong said in a press release.
The pension really does exist but learning how to qualify family member for the benefit takes careful planning. To qualify for the pension, veterans must be disabled, or age 65, served 90 days in active service with at least a day during a declared time of War (World War I, World War II, Korean War, Vietnam War, Gulf War), and have been honorably discharged.
Although these pension benefits have been around since 1951, they are very rarely utilized because people simply do not know what is required for them to qualify or how to apply. For example, it is estimated that 2 million Americans qualify for this particular pension benefit, yet only 143,000 veterans or surviving spouses are currently receiving the benefits.
The workshop is 2 p.m. June 2 at Bickford at Lafayette, 3633 Regal Valley Dr., Lafayette. To make reservations, call Strong Financial Services at 858-2214.