griffcher Posted December 24, 2009 Share Posted December 24, 2009 Can I make any money if I am on IU? Link to comment Share on other sites More sharing options...
HadIt.com Elder LarryJ Posted December 26, 2009 HadIt.com Elder Share Posted December 26, 2009 If you get investment money from real estate that is fine. If you actively manage real estate for someone else and get a paycheck that is not fine for IU. If you make 100$ more than the very minimum poverty level and the VA starts to investigate then you may have a big problem. When you have IU and fly under the radar you become invisible to the VA. That is where you want to stay. So, as long as my gambling operations are not legal...........then I'm legal? Not that I'd ever gamble illicity. or anything like dat! "It is cold and we have no blankets. The little children are freezing to death. My people, some of them, have run away to the hills, and have no blankets, no food; no one knows where they are-perhaps freezing to death. I want to have time to look for my children and see how many of them I can find. Maybe I shall find them among the dead. Hear me, my chiefs! I am tired; my heart is sick and sad. From where the sun now stands, I will fight no more forever." Chief Joseph Link to comment Share on other sites More sharing options...
hawkfire27 Posted December 26, 2009 Share Posted December 26, 2009 I saw this reg too but you have to remember unemployability means unemployable as far as definition goes. But hey, if you feel you can work and aren't IU anymore then by all means go for it. Just know the risks. HAPPY HOLIDAYS! jerr Just another little note regarding this. My husband went through the Voc Rehab/ Independant Living Program, and they taught him a hobby.....Being a jeweller. He set up his own business so he could buy materials wholesale, and he sells bits here and there, yes you need to keep below the minimum income threshold and you'll be fine, and will keep your IU, but if you earn more it you WILL lose your IU and probably fight the rest of your life to get it back. Once it's gone it's gone. My brother in law is also a vietnam vet, who got 50% SC'ed with IU to 100% from the day he left the military. A few years later being the bored young man he was, he looked for something to do, then got a job offer he couldn't turn down, worked there for 5 years before his PTSD screwed with him too much and lost the job. He's been fighting for 30 years to get his disability back, he now requires hospice care and isn't expected to last long.......He'll never get it back. So just be really careful O.K. :) We are a Vietnam vet and vet's wife, we are not lawyers or VSO's we're just learning as we go. Link to comment Share on other sites More sharing options...
HadIt.com Elder poolguy11550 Posted December 26, 2009 HadIt.com Elder Share Posted December 26, 2009 ........yes you need to keep below the minimum income threshold and you'll be fine, and will keep your IU, but if you earn more it you WILL lose your IU and probably fight the rest of your life to get it back. Once it's gone it's gone. I think, that if one "needs to keep" below the minimum income threshold, that you will not be "fine". What one should do is just be honest and go back to work- stop gaming the system. This type of behavior sets the system back for those whom really need the IU benefit and struggle to get it. On the flip side of the coin, you will surly be under the magnifying glass if income is reported by an IU beneficiary or if discovered by other means. Yes, its a catch 22, but think about how VA benefits are suppose to be awarded- compensate for veterans occupational limitations. To me, that means one should be incapable of even remotely coming close to the minimum income threshold. Link to comment Share on other sites More sharing options...
jerrbilly Posted December 26, 2009 Share Posted December 26, 2009 :) So, as long as my gambling operations are not legal...........then I'm legal? Not that I'd ever gamble illicity. or anything like dat! Link to comment Share on other sites More sharing options...
jerrbilly Posted December 26, 2009 Share Posted December 26, 2009 He's in hospice and he isn't IU? Something wrong with that picture in my opinion. jerr Just another little note regarding this. My husband went through the Voc Rehab/ Independant Living Program, and they taught him a hobby.....Being a jeweller. He set up his own business so he could buy materials wholesale, and he sells bits here and there, yes you need to keep below the minimum income threshold and you'll be fine, and will keep your IU, but if you earn more it you WILL lose your IU and probably fight the rest of your life to get it back. Once it's gone it's gone. My brother in law is also a vietnam vet, who got 50% SC'ed with IU to 100% from the day he left the military. A few years later being the bored young man he was, he looked for something to do, then got a job offer he couldn't turn down, worked there for 5 years before his PTSD screwed with him too much and lost the job. He's been fighting for 30 years to get his disability back, he now requires hospice care and isn't expected to last long.......He'll never get it back. So just be really careful O.K. :) Link to comment Share on other sites More sharing options...
hawkfire27 Posted December 27, 2009 Share Posted December 27, 2009 I think, that if one "needs to keep" below the minimum income threshold, that you will not be "fine". What one should do is just be honest and go back to work- stop gaming the system. This type of behavior sets the system back for those whom really need the IU benefit and struggle to get it. On the flip side of the coin, you will surly be under the magnifying glass if income is reported by an IU beneficiary or if discovered by other means. Yes, its a catch 22, but think about how VA benefits are suppose to be awarded- compensate for veterans occupational limitations. To me, that means one should be incapable of even remotely coming close to the minimum income threshold. Hey Poolguy, I just wanted to make it clear that I assume the person asking the original question is not able to maintain substanial or gainful full time employment, even with IU it can be really hard to make ends meet, I am simply sharing my experience with IU and earning money, that's all. I guess I always assume people here on hadit are above board and are not bludgers. Just trying to help..... :) We are a Vietnam vet and vet's wife, we are not lawyers or VSO's we're just learning as we go. Link to comment Share on other sites More sharing options...
Question
griffcher
Can I make any money if I am on IU?
Link to comment
Share on other sites
Top Posters For This Question
11
9
6
4
Popular Days
Dec 27
15
Dec 28
12
Dec 25
10
Dec 26
7
Top Posters For This Question
free_spirit_etc 11 posts
jerrbilly 9 posts
LarryJ 6 posts
Philip Rogers 4 posts
Popular Days
Dec 27 2009
15 posts
Dec 28 2009
12 posts
Dec 25 2009
10 posts
Dec 26 2009
7 posts
48 answers to this question
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now