Which debts can't be garnished from your Social Security? Here are 4 to know.

CBS News Top ·

Which debts can't be garnished from your Social Security? Here are 4 to know.

Social Security benefits receive broad federal protections from creditors, but not all debt is handled the same way. Douglas Sacha/Getty Images Older Americans are carrying more debt into retirement …

Social Security benefits receive broad federal protections from creditors, but not all debt is handled the same way. Douglas Sacha/Getty Images Older Americans are carrying more debt into retirement than any previous generation. That alone is a problem, as high-rate debt can quickly eat away at a fixed retirement budget and cause major issues with your retirement savings. That's hardly the only problem retirees are facing right now, though. …

Original source: CBS News Top

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