Fight4Vets Updates Disability Compensation Calculator to Reflect New 2024 Cost-of-Living Adjustment Declared by the SSA

    PARKERSBURG, WV, December 22, 2023 /24-7PressRelease/ -- Fight4Vets, a leading firm that handles Veterans' Disability claims nationwide, modernizes a groundbreaking tool aimed at empowering Veterans to comprehend and estimate their disability compensation. The Fight4Vets Veterans Disability Compensation Calculator offers Veterans a comprehensive perspective on potential benefits, taking into account various factors influencing the compensation process. The calculator incorporates the latest cost-of-living adjustment (COLA) figures, recently announced by the Social Security Administration, reflecting a 3.2% increase beginning on January 1st, 2024 payments.

The disability calculator computes both a current disability rating percentage and an estimated monthly payment amount. Users input information regarding the severity of their injuries, and the tool determines a relative percentage. For Veterans managing multiple disabilities on different extremities, the calculator judiciously calculates a combined rating.

The Social Security Administration recently announced a 3.2% increase in pension compensation through Cost-of-Living Adjustments (COLA). This adjustment aims to align disbursements with the inflation reflected in the cost of living.

Factors such as dependent children, marital status, and the need for aid and attendance of a spouse are considered when estimating the monthly payment amount. Having dependent parents further increases the potential payment. By streamlining this complex process into a user-friendly interface, the Fight4Vets compensation calculator aims to empower Veterans to navigate their disability claims more efficiently.

With physical offices throughout West Virginia and an additional office in Charlotte, NC, Fight4Vets has consistently demonstrated a commitment to supporting Veterans nationwide. The firm's experienced lawyers secure disability benefits for Veterans by focusing on each claim with vigilance and refusing to accept "no" for an answer.

"We believe this calculator will be a valuable resource in demystifying the disability compensation process and ensuring Veterans receive the benefits they rightfully deserve," said Jan Dils, founder of Fight4Vets. "This tool reflects our dedication to empowering Veterans and their families."

For Veterans facing denied claims or seeking assistance with long-term disability claims, Fight4Vets encourages consultation with its experienced team of VA disability lawyers.

About Fight4Vets
Fight4Vets.com is a part of Jan Dils, Attorneys at Law. The main focus of our law practice is obtaining disability benefits for Veterans nationwide. We handle Veterans' disability claims for clients throughout West Virginia, with offices in Parkersburg, Beckley, Charleston, Huntington, and Logan, as well as one additional office in Charlotte, North Carolina. Regardless of where you are located nationwide, we are able to serve you or your loved ones.

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