Show Veterans Mail Call GEORGE GEORG L L. CAREY National Officer Disabled American Veterans Q a. I am drawing railroad retirement re retirement retirement re- re benefits It is true the law now says this money is not to be counted as Income to a veteran on VA pension T A. A You are quite right On May Public Law 86 23 was passed which exempts exempts railroad retirement benefits from inclusion as income Q Is there a grace Ilace period for late payments of installments nt on GI loans t A. A No Veterans should make their GI CI loan payments on or before the date they are due An extra charge may be made by GI l lenders when p g are received late Q I 1 am a service-disabled service veteran veteran veteran vet vet- eran drawing extra compensation compensation compensation because I have a year 17 old son He H has just ef enlisted dusted isted Inthe in inthe inthe the Marines Will the extra payments continue since he has not yet et reached age 1 laT A. A The extra payments may not be continued after he joins the Marines Once your son Is Js In service he can no longer be considered a legal member of your household for purposes of the extra compensation pay pay- ments Q Recently I changed the list of beneficiaries of my GI in insurance insurance insurance in- in policy Must I inform the former fonner beneficiaries o 0 my action f fA A A. No You have the right to change beneficiaries at anytime any anytime time lime without their consent or knowledge Q Does the VA accept BI EI insurance insurance in in- premiums in advance I have some extra money and if I could pay up my insurance for a year ear it would save me mea mea a lot of trouble A. A You certainly may pay GI insurance premiums In advance You not only save the trouble of making payments each month but you save money Premiums are discounted when paid yearly semI annually or quarterly |