Ask Rusty – Will Inheritance Money Affect My Social Security?

Dear Rusty: I will turn 66 this year and am considering claiming my Social Security. I have already applied for Medicare. My parents passed on several years ago, and the estate will probably settle this year. I would like to know if my inheritance money will have any effect on my social security benefits. If so, how? Signed: Wondering Heir

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This recording presents the viewpoints of the AMAC Foundation’s Social Security Advisory Staff, trained and accredited under the National Social Security Advisors program of the National Social Security Association, LLC (NSSA). NSSA and the AMAC Foundation are not affiliated with or endorsed by the United States Government, the Social Security Administration, or any other state government. To request additional information, contact our Advisory Staff at 888-750-2622, or email us at SSAdvisor@AmacFoundation.org.