Survivors being short-changed by Social Security mistakes
A recent report by Social Security’s Inspector General found that, in many cases, Social Security office staff are failing to properly alert survivors to all the benefit options available to them. As a result, so far over 9000 survivors have lost nearly $132 million dollars in benefits they were rightfully entitled to receive, and that number is growing. What it comes down to is that survivors have options when it comes to deciding when, and even if, to take their survivors benefit versus claiming their own retirement benefits instead, and failure by office staff to inform survivors of their options leads to lost benefits. The unfortunate reality is that you shouldn’t blindly assume that information you are given by Social Security staff is 100% accurate, as this Motley Fool article by Dan Caplinger explains. Click here to read more.
If you’re not comfortable that the information you’ve received from Social Security is accurate, or if you have any questions about your individual situation under Social Security, note that the AMAC Foundation provides a free-to-the-public service by NSSA-Certified Social Security Advisors to help Americans navigate the complexities of this program. Learn more about it here…