Tuesday, July 31, 2018

Social Security benefits

Often Social Security benefits are a mystery especially when a spouse passes.  The surviving spouse is entitled to a benefit equal to 100% of the deceased benefits as long as the survivor wants until their full retirement age.  At 60 you could collect a survivor benefit but the benefit will be reduced.  What that means is do an analysis of what is best for you when considering taking a survivor benefit from Social Security.  Yes, it may be hard to understand but once you know what to do, you will rest easier.

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