2 Answers
No. If a creditor other than the federal government tries to garnish your Social Security benefits, inform them that such an action violates Section 207 of the Social Security Act (42 U.S.C. 407).
Section 207 bars garnishment of your benefits. It can also be used as a defense if your benefits are incorrectly garnished. Our responsibility for protecting benefits against garnishment, assignments and other legal processes usually ends when the beneficiary is paid. However, once paid, benefits continue to be protected under section 207 of Act as long as they are identifiable as Social Security benefits. http://ssa-custhelp.ssa.gov/app/answers/detail/a_id/426
Section 207 bars garnishment of your benefits. It can also be used as a defense if your benefits are incorrectly garnished. Our responsibility for protecting benefits against garnishment, assignments and other legal processes usually ends when the beneficiary is paid. However, once paid, benefits continue to be protected under section 207 of Act as long as they are identifiable as Social Security benefits. http://ssa-custhelp.ssa.gov/app/answers/detail/a_id/426
13 years ago. Rating: 4 | |
Can A Creditor Garnish Retirement Wages?
Can a creditor garnish retirement wages? Can a creditor garnish social security payments? Can a creditor garnish my 401k ? Is my retirement safe?.
Most wages that are considered retirement income are safe from creditors garnishment policies. Creditors can not garnish against any type of Social Security Income. This includes retirement benefits, disability benefits and survivor benefits. Private pensions, government pensions, veteran’s retirement benefits and most 401k benefits are exempt from any garnishment. http://www.todaysseniors.com/wp/retirement/can-a-creditor-garnish-retirement-wages/
Colleen
Can a creditor garnish retirement wages? Can a creditor garnish social security payments? Can a creditor garnish my 401k ? Is my retirement safe?.
Most wages that are considered retirement income are safe from creditors garnishment policies. Creditors can not garnish against any type of Social Security Income. This includes retirement benefits, disability benefits and survivor benefits. Private pensions, government pensions, veteran’s retirement benefits and most 401k benefits are exempt from any garnishment. http://www.todaysseniors.com/wp/retirement/can-a-creditor-garnish-retirement-wages/
13 years ago. Rating: 2 | |
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