When you have a disability that is connected to your time in the military, you're entitled to disability benefits as a veteran. Unfortunately, a lot of myths surround this benefit, which shouldn't be that surprising. Don't put much stock in negative news here, though, as those myths are easily busted.

It's Not Your Income, It's Your Veteran Status

One pervasive myth is that you can make too much to receive benefits. There are situations where the benefits you get for a veteran disability could cut into the veteran pay you receive, but that does not apply to everyone. What determines whether you get disability pay is whether you are a veteran, not how much you make at a job or through investments. You can contact the VA for more details and more help regarding your specific situation, but your income will not disqualify you from getting disability pay.

Disability Due to Something During and Because of Service Is Always Covered

In general, veterans are eligible for benefits such as housing assistance after a certain minimum amount of time in the service. Disability benefits are different, however. There is no minimum service time needed for a service-connected disability to be covered. You could receive benefits for a disability connected to basic training, for example. The reason is that a lasting disability caused by something connected to your time serving the country shouldn't be brushed aside just because it happened to occur when you were new. If something happened to you that was caused by something related to your service, you should apply for disability benefits.

Disability Covers a Lot More Than You May Realize

When you think of a disabled veteran, the image you have may be of someone in a wheelchair or with another very obvious disability. But the range of disabilities covered by veterans benefits is much more extensive and includes conditions that you might think of as mild. It is possible to receive veteran disability benefits and still be able to work, for example. If you have lingering effects from a service-connected injury, you may actually qualify for benefits. It's understandable if you are reluctant to apply immediately, but do give the VA a call to discuss your situation. You may find out that you qualify.

Veteran benefits for disability are more widely available than people think. You should ask about applying if you have a service-connected condition, especially if others have started mentioning the benefits and suggesting you could qualify. To apply for veteran financial assistance, contact a veteran financing service in your area.