Social Security Report

Survivor Benefits: 82% Reportedly Did Not Receive Adequate Advice

An audit report issued by the Acting Inspector General of the Social Security Administration’s Office of the Inspector General two days ago found that surviving spouses dually eligible for both survivor benefits and retirement benefits on their own earnings records are evidently not being provided adequate advice by SSA. As explained in an InvestmentNews article posted by Contributing Editor Mary Beth Franklin, not being informed of the option to delay filing for retirement benefits until age 70 results in a substantial underpayment of benefits. Read Ms. Franklin’s post here…

For those needing guidance in the confusing area of survivor benefits, know that the AMAC Foundation provides a free-to-the public service through which certified Social Security Advisors stand ready to address your questions and provide credible answers. Learn more about this service via the Foundation’s website…

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