Widows and Widowers: Are You Getting Your Survivor Benefit?
In a stunning report by Social Security’s Inspector General, many seniors who are eligible for a survivor benefit aren’t receiving it, collectively resulting in millions of dollars in lost benefits. The Inspector General’s report, as revealed in this Motley Fool article by Christy Bieber, estimated that over 15,000 widows and widowers had lost nearly $194 million dollars in benefits, simply because they never claimed what they were entitled to. Survivor benefits are not awarded automatically – they must be applied for – which leaves the door open for so many to simply neglect to claim. Click here to read Christy Bieber’s report.
Also, if you’re unsure about your individual situation under Social Security or have questions about your personal benefit entitlements, note that the AMAC Foundation provides an independent free-to-the-public Social Security Advisory service to help Americans navigate the complexities of this program. Learn more about it here…