Severance and unemployment, do they overlap? - any advice?

I signed a severance agreement and I am worried about how to report it. The agreement mentions a release and a payment schedule. Who should I ask before signing?

Before signing, I asked a friend who is a lawyer to look at the agreement. It was a short conversation and worth it.

I filed on day one anyway and reported the severance honestly. The agency decided what to do about the timing.