Social Security is a program that provides financial assistance to eligible individuals, including retirees, disabled individuals, and survivors of deceased workers. One of the benefits that Social Security offers is spousal survivor benefits, which can help the surviving spouse of a deceased worker continue to receive income after their partner passes away.
Spousal survivor benefits are a type of Social Security benefit that pays a monthly amount to the surviving spouse of a deceased worker. To be eligible for spousal survivor benefits, the surviving spouse must be at least 60 years old, or 50 years old if they are disabled. They must also have been married to the deceased worker for at least 9 months, and the deceased worker must have worked long enough to be eligible for Social Security benefits.
The amount of spousal survivor benefits that a surviving spouse can receive is based on the deceased worker’s earnings record. If the deceased worker was receiving Social Security benefits at the time of their death, the surviving spouse can receive a benefit equal to the deceased worker’s benefit amount. If the deceased worker had not yet started receiving Social Security benefits, the surviving spouse can receive a benefit based on the deceased worker’s earnings record.
If the surviving spouse is already receiving Social Security benefits based on their own earnings record, they can receive either their own benefit or the spousal survivor benefit, whichever is higher. This means that a surviving spouse who was also a working spouse may have the option to receive a larger benefit by choosing the spousal survivor benefit instead of their own benefit.
Spousal survivor benefits can be an important source of income for surviving spouses, especially if the deceased worker was the primary breadwinner. These benefits can help to ensure that the surviving spouse has enough income to cover their living expenses and maintain their standard of living. For many surviving spouses, spousal survivor benefits are a vital lifeline that allows them to avoid financial hardship in the wake of their partner’s death.
In conclusion, spousal survivor benefits are an important component of Social Security’s support for surviving spouses. These benefits can provide a vital source of income to help the surviving spouse maintain their standard of living after the death of their partner. If you are a surviving spouse, it is important to understand your eligibility for spousal survivor benefits and how to apply for them. You can learn more about Social Security spousal survivor benefits by contacting CG Financial Group at 515-9860-3065 or [email protected]