Social Security Benefits and Structured Settlement Payments?
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?
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Comments
No. She gets Medicare, because she’s on SSDI. SSDI is NOT based on your income or assets. It won’t affect the SSDI/Medicare benefits at all.
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