I had to retire at 60 due to a total disability. As part of the workers comp suit I obtained enough time to be vested for retirement with RSA eventhough I did not actually work the time. If I activate the monthly benefit of $500 do I have to pay tax on it since it is proceeds from a law suit?
Also, I am on Medicaid. Does this additional income count toward qualifying for Medicaid? I am getting SSDI of $800/mo.