Recent content by PicoBaloney

What’d you decide and why? I’m in similar boat

so assuming the DOD rated disability was not combat related, the lump sum severance pay will be taxed. But the taxed portion can be returned after filing taxes as long as the DOD rated disability is also a compensated VA disability?

No I understand. But 100k at 4-5% interest over 25 years is well worth having $300/month recouped for 25 years…

Using this strategy, wouldn’t it make a lot of sense to just settle with a disability severance and champVA vs appealing for the sake of tricare? I understand tricare covers more but it’s not like you’re going to be without healthcare. And I’ve heard good things about champVA. Just not as good...

So it is possible to get the taxed portion of the severance pay refunded? Even if separation was non-combat related?

Thank you! So to dumb this down for me… Basically you’d get paid at 90% vs 100% but you’d still be rated 100%?

Hypothetical recoup question- VA rating: 100 DOD rating: 10 Excluding the IDES referred condition, VA rating would be 90%. Is the new VA monthly payment equal to a 90% VA rated payment until 20 some years down the road the lump sum severance is eventually recouped? Or is the monthly payment...

Is this local or are you at school away from your duty station?