Can you get unemployment and receive social security retirement at the same time?
Can you get unemployment and receive social security retirement at the same time? |
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If if you are actively looking for a job, and fully intend to work, is this possible?
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Asked by
V1
51 months ago
Similar Questions: unemployment receive social security retirement time
Recent Questions About: unemployment receive social security retirement time
Recent Questions About: unemployment receive social security retirement time
Answers
Answer from IchtheosaurusRex
1 people found this helpful
Yes.
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According to the Social Security information website, you can do this:
As far as Social Security is concerned, you can collect unemployment benefits. However, the state you live in will determine to what extent your Social Security payment affects your unemployment benefit.
http://www.ssa.gov/pgm/links_retirement.htm
See "Frequently Answered Questions," about 15 questions in from the top. |
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Comments on this question:
Yes, it is possible. Please be transparent about your intentions with unemployment & SS.
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Social Security limits how much you can make from other sources, doesn't it?
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Depends. Usually yes. Let's say person A makes $50K per year and collects $20K per year via SS...They'd still be able (in most states) to collect unemployment insurance if they were laid off or fired.
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Thanks, Spatzie. I knew there were some limits and considerations, but I wasn't sure what they were. Appreciate the info.
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