Retro Pay Question: Overpayment?

[RonS]

So, I'm pretty new at this. from start to finish, and last Friday, the VA marked my claim completed. Great! Now I wait for the retro and first payment.

So, by VA math, my claim initiated on 10MAR2015, and I should get 3 months of retro, right? So at 60% with 2 kids under 18 and a spouse, my monthly payment should be $1275.09 a month, and the retro payment should be $3825.27, right?

Well, to get on with the point, this morning I received a direct deposit of $xx,xxx.75.

How do I contact the VA to find out if this is correct? Because as we all know, what the .gov gives, the .gov takes away as well.......

Edited June 30, 2015 by RonS

[georgiapapa]

Ron,

Your VSO is right. Publuc Law 112-154 Section 506 amends 38 USC Subsection 5110 to allow up to one year earlier effective date for awards of disability compensation based on FDC original claims received from 08/06/13 through 08/05/15.

Congratulations on your award. Time to celebrate..

Good luck to you and thank you for your service.

GP

[USMC_VET]

awesome congrats brother

[Navy04]

Congrats on the great news bud, and God Bless!!! Now take a deep breath, relax and take out he Ole Family to Olive Garden or Red Lobster

[USMC_VET]

I know every family and spouse is different. I had a similar size retro as you. i took half of the total award and put it away. half of the savings i went and bought some gold silver (great time right now btw) and took the other half as cash and put both in a safety deposit box no one but me knows about. This is not because i dont trust my wife/family, but i wanted this to be a unknown ultra ultra safety net for the family. We have regular savings for emergencys, but i wanted this to be if something very bad happened and we had to fall back even farther we had a even larger chunk of change that the magic fairy would give us in those most extreme cirucmstances. It is a good time to do that right now, more than likely you will not see a huge huge chunk of cash fall into your lap again.

[Philip Rogers]

I had applied for insurance through the VA before but was denied due to making too much? That was probably 2 years ago.....

What insurance are you talking about??? If you were just awarded a new disability, you have 2yrs to get the VA life insurance.

pr

[Buck52]

Congratulations Ron what a wonderful surprise for you and your family wtg bud

....................Buck