Social Security’s Lump-Sum Death Benefit
It’s a $255 payment made to a beneficiaries’ spouse who was living with the Social Security recipient at the time of the recipient’s death, or to a surviving child who receives or can receive Social Security benefits based on the deceased’s work record. Since these criteria tend to exclude many estates, Social Security records show that less than half (43%) of deaths actually benefit from this provision. Andrew Perzo of American Press provides additional background on this benefit provision in a post on americanpress.com. Check it out here…
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