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Social Security Can Continue to Pay, Even After You Die

Whenever you die, your personal Social Security payment will obviously stop, but that doesn’t mean that all benefits based on your lifetime Social Security record will stop too. If you have a surviving spouse or other dependent(s) collecting benefits from your record, those survivors will continue to receive their benefits, and often an even higher amount than they were previously receiving. That’s because spouse and dependent benefits while you are living are usually half of the benefit you were entitled to at your full retirement age, whereas survivor benefits are higher. All of this is explained in this Yahoo! Finance article by Vance Cariaga. Click here to read more.

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