The “VACP TREAS 310” deposit mentioned is the VA Book and Supply Stipend, which pays up to $1,000 annually (or $500 per semester). This is a common name for the account that holds funds for veterans’ education benefits. If you’re still unsure of what the deposit was for, or where it came from, you can contact your school’s financial aid department or the VA directly. They should be able to help clear up any confusion and explain the purpose of the deposit. It is not unusual for veterans to receive payments before their claim is approved. This could be a sign that your claim is moving through the process, and you should receive an approval or denial letter in the near future. In the meantime, if you have any other questions or concerns, don’t hesitate to contact the VA or your school’s financial aid department. They should be more than happy to help. Thank you for your question! If you have any other questions, don’t hesitate to contact us or the VA directly. We hope this information was helpful. The article does not make mention of the fact that if a veteran is not approved for the Post-9/11 bill, they may be required to repay the VAED TREAS 310 deposit. Be sure to speak with your financial aid department or the VA directly to learn more about repayment requirements if your application is not approved. \We hope this information was helpful. Check claim VA benefit status & make sure your address is correct so the letter can find you. You can also call (800)827-1000 and ask. Also Read: The “IRS TREAS 310” deposit mentioned is the VA Book and Supply Stipend, which pays up to $1,000 annually (or $500 per semester). This is a common name for the account that holds funds for veterans’ education benefits. If you’re still unsure of what the deposit was for, or where it came Check video below for detailed explanation While there were originally plans to give out more money to those who needed it most, as of this year anyone who earns more than $87,000 will not be eligible for a stimulus check. This change was made in order to help those who are struggling the most during these tough economic times. So if your income is higher than that, you can expect to receive nothing in the mail next week. If your bank account information has changed or is incorrect, the bank will refuse the deposit and the federal agency will send the money to the address it has on record. Taxpayers whose bank account information is on file with the IRS from their 2018 or 2019 tax return will be eligible for a one-time bonus of up to $1,200 per adult who qualifies and half that amount ($500) if they’re under 17 years old living in your home. IRS Treas 310 is the name of the account that your deposit came from. This is a common name for the account that holds funds for veterans’ education benefits. You can find more information about this account and its contents online. If you’re still unsure of what the deposit was for, or where it came from, you can contact your school’s financial aid department or the VA directly. They should be able to help clear up any confusion and explain the purpose of the deposit. I received a deposit from VACP TREAS 310 BENEF and I don’t know what for? My disability claim states they are still in the evidence gathering process and ebenefits doesn’t have anything about payments. Is it normal to get a payment before your claim is approved?
Find out how to view your VA payment history online.
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If you’re a Veteran, you’ll see a history of your past VA payments for:
If you’re the survivor of a Veteran or service member, you’ll see a history of your past VA payments for:
If your decision notice shows at least a 10% disability rating, you’ll get your first payment within 15 days. If you don’t get a payment within 15 days, please call the Veterans Help Line at 800-827-1000 (TTY: 711). We’re here Monday through Friday, 8:00 a.m. to 9:00 p.m. ET.
Yes. It’s important to update your information with us if you change your marital status, have a baby, adopt a child, or experience any other life change that could affect your rating or payment. If you have a disability rating of 30% or higher, you may be able to add eligible dependents to your VA disability compensation to get a higher payment (also called a “benefit rate”). If your disability gets worse, you can file a claim for an increase in benefits.  Good day, I retired as Tera on July 31, 2014. My Disability came out 80%, I also received my brown packet Oct, 9th. This morning I received an amount of $502.55 in my checking account. From what I was told disability is paid every first of the month. It is only the mid month and only received $502.55. Can anyone tell me what is that for? Thank you. Administrator 10K5,73122 Hello and welcome to VBN and thank you for your service. Do you have an ebenefits premium account? If so what is it saying in your ebenefits account VA payment account. There is always a reason that goes with the payment such as "retro", "recurring" etc. What does it say in "what we decided" section of your decision letter? Have you called the 800-827-100 phone rep to see what it is for? I can tell you that the amount you received IS NOT the payment for a vet getting 80% disability compensation. You need to check those two aforementioned sources. Retired TopKick 100% P&T + SMC-K SSDI United States Army Retired (1974-2002) "Never Make Anyone a Priority Within Your Life Who Makes You an Option in Theirs!" I do have the log in to ebenifits. That's where I checked the progress of my claims. In there it says "There is no payment made". And it also says that I should start getting $1745.40 starting Oct, 1st 14. I do know that I should get a back pay from the day that I retired which is Aug 1st, 14. I made some researching and some people says it might be because I added my spouse and child, Cola adjustments or medical ( I do need to take shots twice a week). Just really curious, on how/ where this money came from. I have not contacted any VA rep regarding this. I will wait until I get my first pay on Nov 1st. Also, what is "Retro" and "Recurring" means? Thank you so much! Recurring will be the monthly amount that you will receive the first of every month. Retro is the amount that you will receive from the date you filed the VA claim - not your date of discharge - until you receive your first monthly check/deposit. There is logic that the $502.55 is for your dependents (retroactive). Congratulations! 100% P & T Purple Heart - CRSC Retro is back pay. It is the difference between your current pay rate and new pay rate, and is calculated based on the effective date of the new rating or change. If you got an increase or filed a dependent claim, then you could expect a retro payment. Recurring is your monthly check amount for disability compensation (which is recurring or repeating monthly). I do know that as a retiree, the VA requires a DFAS audit to assist in calculating retro. But I am not sure how this applies since you recently retired. Most retirees filing an increase or new contention, will wait a long while before seeing their retro payment after the decision is made. Your BBE should include an indication about the deposit amount. You can call Peggy (VA 1-800-827-1000), and the rep can usually tell you what the amount is for, but the rep is not supposed to talk about your claim details until you actually get the BBE. Air Force 4/14/1999 - 10/13/2006
I started to file my claim around May 2014, and retired Aug, 1st. Is the Retroactive for the dependants a one time pay or monthly?
Yes, when I received the letter saying they decided to give me 80% and my pay will be $1745.40 a month, along it is the paper to put my spouse and child to claim, Which I did online cause I figured it will be faster and easier. Thank you soo much for the response. It is a big help as I was very clueless. . 18K4,82042 If you retired August 1, 2014, the effective date for your VA compensation would be September 1 and you first monthly payment would be due October 1 . What is the amount of your monthly military retirement? Nick USAF RETIRED 100% P&T 100% CRSC Complete layman - not a VSO and not a VA employee. So, the check you received may be the maount over your military retirement pay. I just received mine today. What it is...... let's say you are supposed to receive $1500 a month retirement and your VACP is $1650. They subtract your retirement $1500 from your VACP $1650. Then multiply x's how many months since you have been retired. So if you have been retired for 4 months this should equal $600. Your first month of VACP is withheld, like when we went to bootcamp, and paid the next month. In your case you will get the amount over your retied pay in that check. Then you will receive another lumpsum check when the Military agrees with the VA and the rest is released to you. Should be $1500 x 4 months = $6000. So the formula you can use is this: VACP monthly pmnt - Retired pay = first check. Retired pay x Months retired (minus the first month) = Lump sum back pay. You should be looking for your total VACP check at the end or beginning of each month. Your Retired pay is not affected. Since you are 50% or more disabled, you will receive both in full each month. Remember that your retired pay is taxable and your VACP is tax free. I hope this explained it properly for you. I would relax and see how things go. If you are not receiving both by the end of December, get ahold of your VA rep that filed your claim. i asked a question earlyer but dont see it now 2,8596,074145 It was split off to its own thread. Further down the forum, you’ll see it. missing-vacp-treas-deposits-t198425.html#p1565594 |
What is a vacp treas 310 payment
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