Social Security After Death of a Spouse
Losing a spouse often brings financial changes at a time when you are the least prepared to handle them. The Social Security survivor benefit exists to cushion that transition. Depending on the age your spouse first claimed, you will be entitled to up to 100% of your late spouse’s benefit.
It is important to keep this in mind when deciding when to make claim your initial claim for Social Security benefits. The survivor benefit is calculated from the deceased spouse’s earnings record, and the amount depends on your age when you claim it. At […]