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Yes, there will be a 2024 VA disability increase; however, it will be much lower than the 8.7% increase from 2023.
The current 2024 VA disability pay increase estimate is between 2.5% and 3.5%.
Brian Reese the VA Claims Insider estimates that 2024 VA disability rates will increase by 3.1% but could fall even lower by the third quarter of this year.
- 2024 VA Disability Pay Chart (Estimate)
- Will VA Disability Rates Increase for 2024?
- How Do I Increase My VA Disability Rating This Year?
- What is the Effective Date of VA Disability Rates 2024?
- What is the Estimated 2024 VA Disability COLA?
- How is the 2024 COLA Increase Calculated?
- Deserve a Higher VA Disability Rating? WE CAN HELP!
- About the Author
2024 VA Disability Pay Chart (Estimate)
Here’s the 2024 VA disability pay chart with the estimated 3.1% COLA increase:
VA Rating Percentage | 10% | 20% | 30% | 40% | 50% | 60% | 70% | 80% | 90% | 100% |
---|---|---|---|---|---|---|---|---|---|---|
Veteran Alone | $171.06 | $338.16 | $523.80 | $754.55 | $1,074.12 | $1,360.56 | $1,714.61 | $1,993.08 | $2,239.73 | $3,734.23 |
You & 1 Child | $171.06 | $338.16 | $565.04 | $810.22 | $1,143.19 | $1,444.07 | $1,811.53 | $2,104.43 | $2,364.49 | $3,873.47 |
You & 1 Parent | $171.06 | $338.16 | $573.29 | $820.53 | $1,157.63 | $1,460.57 | $1,831.12 | $2,126.08 | $2,389.23 | $3,901.32 |
You & Spouse | $171.06 | $338.16 | $585.66 | $837.03 | $1,177.22 | $1,485.31 | $1,859.99 | $2,159.07 | $2,426.35 | $3,942.43 |
You, 1 Parent, & 1 Child | $171.06 | $338.16 | $614.53 | $876.21 | $1,226.70 | $1,544.08 | $1,928.03 | $2,237.42 | $2,513.98 | $4,040.56 |
You & 2 Parents | $171.06 | $338.16 | $622.78 | $886.52 | $1,241.14 | $1,560.57 | $1,947.62 | $2,259.08 | $2,538.72 | $4,068.42 |
You, Spouse, & 1 Child | $171.06 | $338.16 | $631.02 | $897.86 | $1,253.51 | $1,576.04 | $1,966.18 | $2,280.73 | $2,563.47 | $4,094.91 |
You, Spouse, & 1 Parent | $171.06 | $338.16 | $635.15 | $903.01 | $1,260.73 | $1,585.32 | $1,976.49 | $2,292.07 | $2,575.84 | $4,109.52 |
You, 2 Parents, & 1 Child | $171.06 | $338.16 | $664.02 | $942.19 | $1,310.22 | $1,644.08 | $2,044.53 | $2,370.42 | $2,663.48 | $4,207.66 |
You, Spouse, 1 Parent, & 1 Child | $171.06 | $338.16 | $680.51 | $963.84 | $1,337.02 | $1,676.05 | $2,082.68 | $2,413.73 | $2,712.96 | $4,262.00 |
You, Spouse, & 2 Parents | $171.06 | $338.16 | $684.64 | $969.00 | $1,344.24 | $1,685.32 | $2,092.99 | $2,426.10 | $2,725.34 | $4,276.62 |
You, Spouse, 2 Parents, & 1 Child | $171.06 | $338.16 | $730.00 | $1,029.82 | $1,420.53 | $1,776.05 | $2,199.18 | $2,546.72 | $2,862.46 | $4,429.09 |
Additional Children under 18 | $30.93 | $41.24 | $51.55 | $61.86 | $72.17 | $82.48 | $92.79 | $103.45 | ||
Children 18-23 | $100.01 | $133.00 | $167.02 | $200.01 | $233.01 | $267.03 | $300.02 | $334.17 | ||
Aid and Attendance (A/A) Spouse | $57.74 | $76.29 | $95.88 | $114.44 | $134.03 | $152.59 | $172.18 | $190.95 |
- The estimated VA disability pay chart 2024 for each school child are shown separately. They are not included with any other compensation rates. All other entries on this chart reflecting a rate for children show the rate payable for children under 18 or helpless. To find the amount payable to a 70% disabled veteran with a spouse and four children, one of whom is over 18 and attending school, take the 70% rate for a veteran with a spouse and 3 children and add the rate for one school child.
- Where the veteran has a spouse, who is determined to require Aid and Attendance (A/A), add the figure shown as “Additional for A/A spouse” to the amount shown for the proper dependency code. For example, veteran has A/A spouse and 2 minor children and is 70% disabled. Add $134.03 for additional for A/A spouse to the rate for a 70% veteran to calculate the total amount.
Will VA Disability Rates Increase for 2024?
Yes, 2024 VA disability compensation rates are projected to increase between 2.5% and 3.5% in 2024.
On October 13, 2023, the SSA will make its official Cost of Living Adjustment (COLA) announcement, which affects more than 75 million Americans who receive Social Security and Supplemental Security Income (SSI) benefits, VA disability and pension benefits, military retirement pay, and other government benefits.
How Do I Increase My VA Disability Rating This Year?
If your conditions have worsened since you last applied for VA disability, you can now qualify for a higher rating!
Just submit a new claim on VA.gov by checking the box for an “increased evaluation.”
You can add new primary or secondary disabilities, but you’ll need to prove service connection with a Nexus Letter.
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What is the Effective Date of VA Disability Rates 2024?
2024 VA disability rates will be effective December 1, 2023.
Disabled veterans could see a 3.1% COLA increase on their January 1, 2024 VA disability payment.
Brian Reese from VA Claims Insider estimates a reasonable 2024 COLA range between 2.5% and 3.5%.
For example, if you were previously getting $1,000 per month tax-free, a 3.1% VA pay increase is $31, so a veterans VA disability compensation pay in 2024 would go up to $1,031 per month.
What is the Estimated 2024 VA Disability COLA?
Final 2024 VA disability rates will be based on the Bureau of Labor Statistics (BLS) report of September 2023 inflation data.
VA Disability Benefits Expert Brian Reese has revised his estimate and now projects a 2024 COLA increase of 3.1%.
According to Mary Johnson at the Senior Citizens League, “Based on February 2023 inflation data, the 2024 COLA looks like it will be below 3% and could fall into the 2% or even lower range by the third quarter if that 12-month average continues to decline.”
How is the 2024 COLA Increase Calculated?
The 2024 Social Security COLA is based on the percentage increase from the highest third quarter average CPI-W recorded from 2022 compared to the average CPI-W for the third quarter of the current year (3rd quarter 2023).
If the CPI-W triggers a COLA this year, the COLA becomes effective in December 2023, and is payable in January 2024.
Social Security payments and 2024 VA disability rates always reflect the benefits due for the preceding month.
In some years, however, the CPI-W does not increase.
In fact, sometimes a decrease has been recorded (e.g., 2010, 2011, and 2016).
In those years, no COLA was payable as required by law, which means the increase is zero.
Benefits don’t get reduced to mirror the lower cost of living and are held to the previous period’s levels.
The Social Security COLA can never be negative, even during times of a decreasing price index.
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About the Author
Brian Reese
Brian Reese is a world-renowned VA disability benefits expert and the #1 bestselling author of VA Claim Secrets and You Deserve It. Motivated by his own frustration with the VA claim process, Brian founded VA Claims Insider to help disabled veterans secure their VA disability compensation faster, regardless of their past struggles with the VA. Since 2013, he has positively impacted the lives of over 10 million military, veterans, and their families.
A former active-duty Air Force officer, Brian has extensive experience leading diverse teams in challenging international environments, including a combat tour in Afghanistan in 2011 supporting Operation ENDURING FREEDOM.
Brian is a Distinguished Graduate of Management from the United States Air Force Academy and earned his MBA from Oklahoma State University’s Spears School of Business, where he was a National Honor Scholar, ranking in the top 1% of his class.