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USAA is The American Legion's preferred provider of financial services. Offering a range of top-rated financial and insurance products and services. USAA welcomes honorably discharged U.S. military veterans, active-duty troops and qualified family members and descendants of those who have served. USAA contributes funds to American Legion programs when members join through a dedicated channel:
usaa.com/legion or by calling toll-free at 1-877-699-2654.

Financial Questions & Answers

Financial Questions & Answers

Question:

I receive SSDI and 100 percent VA disability. Do I have to pay taxes? –Michael

Answer:

Probably not if this is your only income. Your VA disability income is not taxable. On the other hand, a portion of your Social Security could be included as income. This would be the case if half of your Social Security, plus income from other sources (not the VA, here we’re talking investment income, dividends, taxable pensions, etc.), exceeds $25,000 (single) or $32,000 (married filing jointly). If you’re not sure, consider visiting a local military installation around tax time to get free advice.