Ask Larry

If I Receive Funds From A Lawsuit Will It Affect My Benefits?

I am 61 and started collecting spousal benefits this year, I am still working but out of work on FMLA right now, the reason I started collecting benefits is because my health is not that great and I figure it could help with my finances. Before my husband passed away he was involved in a class action law suit. My question is if the funds are to come to me will it affect my spousal benefits?

Hi,

No, income from a lawsuit like you describe would have no effect on your Social Security survivor benefits.

Best, Jerry

Category: 
Posted: 
May 27 2020 - 10:26am
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