Can You Get Unemployment Benefits and Social Security at the Same Time?
Because of the coronavirus and the Great Lockdown, jobless claims have hit record highs. To help ensure the unemployed can continue to cover their financial obligations, the Coronavirus Aid, Relief and Economic Security Act (CARES Act for short) provides expanded unemployment benefits. Provisions of the CARES Act included extending these benefits to some independent contractors as well as authorizing an extra $600 in weekly benefits above state maximum limits.
If you're in your 60s and you've been laid off because of the coronavirus, you'll likely want to claim these unemployment benefits, but may also be eligible for Social Security as well. If so, you may be wondering if it's possible to claim both benefits at the same time.
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Source Fool.com
