Social Security and death. Now what?
Tom Margenau answers a variety of important questions as they pertain to Social Security and the death of a loved one in this brief Q and A article. It’s the issue of dealing with that last Social Security check that befuddles folks. Margeneau notes, “You have to start out by understanding two rules. Rule No. 1: Social Security benefits are always paid after the month is over. In other words, the check you get in February is the Social Security payment for January. And Rule No. 2: Social Security benefits are never prorated. So, you have to be alive every day of a month in order to be due a Social Security benefit for that month.” Read full piece here.
The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.