Social Security Benefits and Structured Settlement Payments?
Thursday, July 1st, 2010 at
12:59 am
Comments (1)
My sister is disabled and receives a social security benefit (SSDI) check each month. She also receives a check monthly from an insurance company due to a car accident she was in a few years back. That is her only income. She qualifies for and uses Medicare.
She wants to get a lump sum payment from her structured settlement payments and use that to pay off bills etc.
Will getting all that extra money automatically disqualify her from getting Medicare and SSDI?