Korean War Ribbons and Medals - US Army

8. Congressional Medal of Honor

This is the highest honor the United States can bestow on members of its Armed Forces.

It is only presented by the President and is awarded in the name of Congress. Awarded "For Conspicuous Gallantry and Intrepidity at the Risk of Life, Above and Beyond the Call of Duty, in Action Involving Actual Conflict with an Opposing Armed Force."

Persons on the Medal of Honor Roll and otherwise eligible may, upon application, qualify for a special lifetime pension of $200 per month.

It may not be sold or traded by law.