Receiving SSD benefits can I sell my Life Insurance Policy and still receive SSD benefits

Submitted by Anonymous (not verified) on Tue, 10/24/2017 - 14:04

Receiving SSD benefits can I sell my Life Insurance Policy and still receive SSD benefits. I am Stage IV Colon Cancer who receives ongoing, most likely the rest of my life, chemotherapy treatments and unable to work. Can I sell my Life Insurance policy to pay off bills and still receive SSD? Do I have to include that as income on my taxes?

Bryan
Wed, 10/25/2017 - 10:06 Permalink

Hi there,
You may be able to do so, however you may need to report it as income to the SSA.

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