Tuesday, December 21, 2010

VA Pension and Social Security

Had a question thrown at me.

Can you draw Social Security and VA Pension.
The answer is yes, but the VA counts all your income; that includes Social Security. So your pension payments will be reduced. The magic number is $985.00 so if you receive $600 from SS your pension
would be reduced to $385.00

However, SSI (Supplemental Security Income) and SSD(Social Security Disability) as I understand
are not counted.

Also if you are receiving health care benefits from VA your benefits may change or end when
you become eligible for Medicare.

The VA pension is not counted in SS and is I believe tax free.

Several Veterans Organizations are working hard to have this changed, so that you would be able
to draw your full pension and full SS.

Jerald Terwilliger
National Chairman
American Cold War Veterans
"We Remember"

---------------- "And so the greatest of American triumphs... became a peculiarly joyless victory. We had won the Cold War, but there would be no parades." -- Robert M. Gates, 1996