Does a Workers Comp Settlement Affect SSDI?

Does a Workers Comp Settlement Affect SSDI?

While you can receive Social Security Disability Insurance benefits and workers’ compensation for the same disability, the amount of workers’ compensation can reduce your SSDI. That’s true whether you are getting workers’ comp in installments or as a lump-sum settlement.

In a lump-sum settlement, you agree to give up certain rights so that you can receive a one-time payment, instead of collecting your benefit award over time. There are a number of reasons you might do this.

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See the full, original post here: https://www.aarp.org/retirement/social-security/questions-answers/workers-compensation-settlement-ssdi.html


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TriMark Legal Funding was founded in 2003 and is one of the nation's leading legal funding companies. TriMark provides pre settlement funding and post settlement funding to injured plaintiffs nationwide on hundreds of different types of personal injury lawsuits, employment litigation, and work injury accidents as well as legal funding for workers compensation claims. We also provide post settlement attorney funding and law firm financing for plaintiffs' attorneys and law firms.

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