Through an official statement, the US Department of Veterans Affairs (VA) has confirmed that veterans will not receive stimulus check in 2024. Following a new COLA adjustment, a 3.2% increase in monthly benefits came into effect on January 1st, exclusively for eligible veterans.
According to the VA website, this change could affect certain benefits received by veterans, such as clothing allowance, disability compensation, and dependency and indemnity compensation for spouses and children. The information circulating in recent months is misleading regarding new stimulus checks for veterans.
Will veterans receive a stimulus check?
The US government issued three rounds of stimulus check to alleviate the financial pressure on its residents during the pandemic. The payments provided by the IRS were intended for low- and middle-income workers and helped them cover basic needs such as housing, food, and medical bills.
While stimulus checks and disability payments for US veterans are appreciated by thousands, they are sometimes insufficient.
It is certainly misleading to claim that the VA will provide benefits for veterans. However, veterans are receiving new benefits that may be subject to certain limitations.