Creditnet Weekly Tip
Can Social Security Benefits Be Garnished?
Unless you owe Uncle Sam taxes or are behind on alimony or child support payments, your social security benefits cannot be garnished. So, if you've recently lost your job and are worried about your social security payments falling victim to the debt collectors as well, you can rest assured that won't happen.
If you have any other income sources that are deposited with your social security benefits, you're taking an unnecessary risk by leaving those benefits in an account that could potentially be subject to garnishment. So, ensure your benefits will remain safe from any potential issues in the future by opening a separate checking or savings account where only your social security benefits will be deposited.
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