Layoffs have decreased significantly this year, but the way Social Security handles different types of post-layoff payments can impact retirees. State unemployment benefits are not considered earnings and do not affect Social Security benefits. However, supplemental unemployment benefits (SUB) can be treated as earnings if paid as a lump sum or not directly tied to state unemployment. This distinction can lead to reduced monthly benefits for those under full retirement age. Understanding the specifics of these payments is crucial for retirees to avoid unexpected benefit reductions or tax liabilities.
https://247wallst.com/personal-finance/social-security/2026/09/15/layoffs-are-down-41-this-year-for-workers-claiming-social-security-the-two-checks-after-a-job-cut-are-not-equal/