Special Report

States With the Best Benefits for Veterans

There are more than 19 million veterans of the U.S. Armed Forces across the country and the world. After serving, veterans who are honorably discharged are entitled to an array of benefits and services provided by the government.

While many benefits are the responsibility of the federal government, some perks are handled by state governments. The quality and accessibility of these services can vary widely from state to state.

To determine the states with the best benefits for veterans, 24/7 Wall St. reviewed an article on the Best and Worst States for Veterans from financial comparison site MagnifyMoney from financial comparison site MagnifyMoney. States were ranked based on the veteran population, the quality and quantity of Veterans Affairs centers, and the economic circumstances for veterans. 

About a quarter of veterans, 4.7 million people, have a service-connected disability. Veterans Affairs health care and other benefits provided to service members can be a crucial lifeline for those struggling with the physical and mental challenges they now face as a result of their service.

The quality of veterans benefits also depend heavily on economics — some states give out much more significant tax breaks to former service members than others, saving them thousands of dollars on property taxes. These are the states with the highest and lowest property taxes.

Click here to see the state with the best benefits for veterans

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.