Is Social Security Safe from Creditors?

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When you’re collecting Social Security, you ideally want to be relaxing in retirement.

But life can throw you plenty of curve balls and challenges. Sometimes these come in our later years. Social Security is designed to be a safety net. However, is Social Security safe from creditors?

Generally, if you default on a debt, your benefits are safe from being collected. However, as reported by the Motley Fool, the government is also a creditor in this classification. If you fall behind on taxes or default on student loans, your benefits can be taken.

Learn more about how to keep your benefits safe and enjoy retirement when you bookmark us.

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