Recently medically retired (50%) at 6 years and received a VA rating of 90%. My question is regarding which pay you take.
Upon first glance it seems that after tax , my retirement pay is more ( approximately $500) than my VA pay will be. Given that the retirement pay is taxable, I’m assuming this can increase my tax burden annually. I’m debating on which option I should take and could use some opinions
Retired vs Disability.
byu/Interesting-Try-812 inMilitaryFinance
Posted by Interesting-Try-812
1 Comment
I’m not sure if you can change it once you commit, but if you can’t, then I would take retirement pay. Disability pay can always be reduced