The HEART Act
The Heroes Earnings Assistance and Relief Tax Act of 2008 (The HEART Act) provides tax and pension benefits to Service members who are disabled while on active duty for more than 30 days and to their Survivors if they die on active duty.
The HEART Act requires employers and sponsors of qualified defined benefit and defined contribution plans, such as 403(b) arrangements, and section 457(b) education plans to treat Service members as being reemployed by the sponsor company for purposes of entitlement. The purpose of this is to provide Service members and their Survivors for benefits they may not otherwise have been entitled for.
The benefits of the HEART Act depend on the specific benefits of the employer's plan documents and may include:
Accelerated vesting in retirement plans
Additional life insurance benefits
Survivor benefits, such as investment of Death Gratuity and Servicemembers Group Life Insurance (SGLI) payments into Roth IRAs and Coverdell education savings accounts without ordinary limitations
Falls Church, VA, February 25, 2021 - The Primary Care Dentistry department has remained open for business during the COVID-19 pandemic, serving the urgent and emergent dental treatment needs of all DoD beneficiaries during normal business hours while prioritizing our in-person scheduled appointments on the readiness-related needs of the active duty population assigned to Naval Support Activity Bethesda and throughout the National Capital Region Market,” stated Navy Capt. (Dr.) Rasha Welch, director of Dental Services at Walter Reed National Military Medical Center.
VA updates musculoskeletal and muscle injuries portion of disability rating schedule to reflect changes used to evaluate Veterans’ disability compensation
WASHINGTON, February 24, 2021 - The musculoskeletal and muscle injuries portion of the Department of Veterans Affairs (VA) VA Schedule for Rating Disabilities (VASRD) has been revised to reflect updated medical information used to assess Veterans’ medical records and determine their VA disability rating.