How much is full DIC?
How much is full DIC?
How Much Is DIC? The basic monthly tax-free DIC benefit will increase from $1,340.14 in 2019 to $1,357.56 for 2021, with additional amounts also seeing the 1.3% increase.
Can a surviving spouse receive only SBP but not DIC?
It does not impact surviving spouses who receive only SBP but not DIC. It also does not impact spouses who are in receipt of DIC-only, either because SBP was declined by the service member at retirement or because the service member was a disabled veteran who was not also a retiree.
Is there limit to how much SBP can be reduced by DIC?
Eligible survivors will continue to receive the Special Survivors Indemnity Allowance (SSIA), up to the maximum amount of $327 per month (for 2021), or up to the amount of SBP reduced by DIC (if the amount of the reduction is less than $327). See the Frequently Asked Questions below or click here to download a PDF of the FAQs
When does the SBP-DIC offset expire?
According to the law passed by Congress, the SBP-DIC offset will be fully eliminated on January 1, 2023.
Can a surviving spouse receive DIC from the VA?
Indemnity Compensation (DIC) from the Department of Veterans Affairs (VA). Under the previous law, a surviving spouse who receives DIC is subject to a dollar-for-dollar reduction of SBP payments, which can result in SBP being either partially or fully offset. The repeal will phase-in the reduction of this offset
It does not impact surviving spouses who receive only SBP but not DIC. It also does not impact spouses who are in receipt of DIC-only, either because SBP was declined by the service member at retirement or because the service member was a disabled veteran who was not also a retiree.
How is DIC paid to the surviving spouse?
An additional $286 is payable for each dependent child. Any DIC paid to your spouse is subtracted from SBP payments; although, DIC payments to or for children do not affect SBP payments. A refund is paid to your surviving spouse for the costs deducted for that part of the SBP benefit not received due to DIC being paid.
Eligible survivors will continue to receive the Special Survivors Indemnity Allowance (SSIA), up to the maximum amount of $327 per month (for 2021), or up to the amount of SBP reduced by DIC (if the amount of the reduction is less than $327). See the Frequently Asked Questions below or click here to download a PDF of the FAQs
When do you get your SBP back after DIC?
When a surviving spouse remarries after age 55, but prior to age 57, DIC payments stop and SBP payments may be reinstated. If the spouse’s SBP was reduced or eliminated because of DIC, the full SBP payment may resume. The SBP remarriage rules will apply. The spouse must first repay all the SBP costs that were refunded when DIC first began.