Our daily roundup of retirement news your clients may be thinking about.
The Social Security death benefits your clients need to know When workers covered by Social Security die, their spouse or surviving children are entitled to a $255 lump-sum death benefit, as long as they meet certain requirements, according to this article on Motley Fool. Your clients' loved ones may also receive survivor benefits if their working spouse earned enough credits. To qualify, a surviving spouse must have been married to their deceased working partner for nine months or longer, while surviving children should be 18 or younger, or they are in high school and 19 years old and younger. Disabled children are also eligible regardless of age, provided that they became disabled before the age of 22.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access