Ask Larry

Do I Have To Inform Social Security If I Get A Settlement From A Lawsuit?

DO i HAVE TO INFORM SOCIAL SECUIRTY IF I GET A SETTLEMENT FROM A LAW SUIT

Hi,

Probably not, unless you receive Supplemental Security Income (SSI) payments. About the only way that Social Security benefits could be affected by a lawsuit settlement would be if the award had something to do with back wages or self-employment earnings.

Best, Jerry

Category: 
Posted: 
May 23 2017 - 7:59am
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