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Understanding Social Security’s Survivor Benefits
The rules are complex, and unfortunately many folks (and that includes financial advisors and even Social Security Administration personnel) do not fully comprehend the inner workings and overlapping policies that can have an impact on the benefits paid to survivors. For example, the age of death of the primary wage earner has an impact on eligibility, as does the age of the applicant for benefits. Divorce plays a major role in determining available benefits, and then there’s this thing called the “family maximum.” This post by Elliot Raphaelson today on tribunecontentagency.com provides some insights into the complexities of this subject. Check it out here…
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