What is Concurrent Retirement Disability Pay (CRDP)

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Video Disclaimer⬇️

Vet Comp & Pen Medical Consulting, LLC. (VCP) does not guarantee or warrant the accuracy, completeness, or usefulness of the information contained in this video. Nothing contained or provided in the video is intended to constitute advice or to serve as a substitute for the advice of a licensed healthcare provider, attorney, or agent accredited by the Department of Veterans Affairs (VA) to assist with the filling of disability claims. Any reliance you place on this information is strictly at your own risk.

Always seek the advice of your qualified medical provider, attorney, or VA agent, to address individual circumstances. This video is for general information purposes only. All uses of the term “you” are for illustrative purposes regarding a hypothetical veteran. VCP disclaims any control over, relationship with, or endorsement of the ideas expressed by viewers of this content.

Video Description

➡️Let’s talk about a veteran 20 years retired. Twenty years, he’s going to get 50% of his pay in retirement. If he was making $40,000 a year when he retired at 20 years, he’s going to get about $1,660 a month in retirement pay. Now let’s say this veteran has a 30% disability rating. Instead of adding the disability pay to the $1,660, they subtract about $500 at 30%. So then this veteran’s now going to get $1,160 in retirement pay, and they’re going to get $500 in tax-free, so this is untaxed, and this is taxed.

At Vet Comp & Pen, We help many retired veterans. If we can’t provide medical consulting to show that you should be paid at a higher rate than 50% overall, if you don’t get up to the 50% rate and make more money, you don’t pay us a thing. You only pay us if your monthly compensation increases.