Annuity
As part of the HERO Act, the annuity will be increasing from $2,000 to $2,500 over 2 years. Veterans will receive a payment of $1,250 in February of 2025. Starting in August of 2025, veterans will receive one annuity check per year of $2,500.
Bonuses
The Commonwealth of Massachusetts provides a bonus to veterans who were domiciled in Massachusetts immediately prior to entry in the armed forces. In case of the death of a veteran, the spouse and children, parent, sibling or other dependents of the deceased veteran (in that order) are eligible for a bonus.