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Workers’ Compensation and Disability Pay May Affect Social Security Benefits

By JEREMY FLOW
Posted 10/2/18

Many people working nowadays have more than one job, so it’s not uncommon for them to have several sources of income. Owning multiple small businesses, seasonal jobs, and the gig economy add to the mix—and complexity—of our modern-day economy. It’s important to keep in mind that having multiple sources of income can sometimes affect your Social Security benefits.

Disability payments from private sources, such as private pensions or insurance benefits, don’t affect your Social Security disability benefits. Workers’ Compensation and other public disability benefits, however, may reduce your Social Security benefits. Workers’ Compensation benefits are paid to a worker because of a job-related injury or illness. These benefits may be paid by Federal or state Workers’ Compensation agencies, employers, or by insurance companies on behalf of employers.

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