Ask a Question

Are IRA assets considered when applying for VA benefits?

Status: Open    Mar 05, 2015 - 11:38 AM

Finance, VA Benefits

Do you have the same question? Follow this Question

2 answers

Expert Answers

Mar 27, 2015 - 11:58 AM

IRA's are tricky, not only is any cash surrender value counted as an asset, but withdraws count as income -



Mar 06, 2015 - 09:42 PM

Yes, an IRA is counted as an asset when applying for VA benefits. The primary residence and vehicle are not included in the overall asset valuation, (as well as other types of assets such as annuities and certain types of trusts).


Answer this question

Recently Active Members