Question:

Hello. I am a veteran with 100% permanent and total disability. I am confused about whether I am permitted to own and operate a business without losing my P&T disability "pension". The other question is whether I am capped at the amount of money I am permitted to earn without losing my P&T pension. Obviously, my concern is losing my P&T benefits but it doesn't seem to be enough money to live on, currently. I really appreciate any guidance you can provide. Regards, Fernando Navarrete

Jim's Reply:

You're mixing up your terminology and nomenclature so I'm not sure exactly what benefits you're receiving. I'll do my best.

When we say a benefit is "means tested" we mean that it's available to the low income veteran and if that veteran makes too much extra money, the benefit will be reduced accordingly. Pension is a benefit for low income veterans who do not have service connected disabilities and it is means tested.

Disability compensation is money awarded to veterans who have rated, compensated, service connected disabling conditions.   Disability compensation that is rated as 100% disabled by The Schedule For Rating Disabilities (a schedular rating) allows the veteran to work and earn an income as he is able.

Disability compensation that is awarded via the 100% TDIU or Unemployability benefit has an income limit equal to the federal poverty level for your region and household. While that isn't exactly means testing, there is an income ceiling before you may lose the benefit. 

Your benefit falls in there somewhere...you'll need to determine just where before you begin to own and operate a profitable business.