The interest received from the redemption of United States Savings Bonds in 1997 is excluded as income for purposes of VA improved pension benefits.
The deciding factor: Interest paid upon redemption of a savings bond is considered profit realized from the disposition of personal property and is therefore excluded from income for VA pension purposes, according to the Court's decision.
- Claimed conditions
- Not specified in this decision
- How they argued it
- Not specified
- Exposure basis
- None
- Rating assigned
- None in this decision
- Decision date
- April 16, 2008
- Citation
- 0812646
What this means for you
A grant means the Board agreed the veteran was entitled to the benefit. Decisions like this show the kind of evidence and arguments that tend to succeed for claims like it.
What you can do next
We are not the VA. Veterans’ Rights is an independent resource built for veterans. We are not the U.S. Department of Veterans Affairs, not part of the government, and not endorsed by any government agency.
This is general information, not legal advice. For advice about your own situation, talk to a VA-accredited representative — many help for free.