Social Security survivors benefit


B

Bill

My wife and I are both entitled to social security benefits. My wifes
retirement benefit is slightly less than her survivor benefit when I
die.

Assume that I start drawing social security at full retirement age.
Assume my wife starts drawing benefits based on her earnings at 62.

Will my wife get the full survivor benefit in both of the following
situations?

1) I die before my wife reaches full retirement age.

2) I die after my wife reaches full retirement age.

Thanks.

--
..Bill.

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H

HW \Skip\ Weldon

Assume that I start drawing social security at full retirement age.
Assume my wife starts drawing benefits based on her earnings at 62.

Will my wife get the full survivor benefit in both of the following
situations?

1) I die before my wife reaches full retirement age.
She gets to use your earnings record, but the actual benefit will be
reduced according to her age (roughly 5% for each year under her full
retirement age).
2) I die after my wife reaches full retirement age.
She gets the full spousal survivor benefit (roughly your check.)

Always suggest you check with SS on answers as your circumstances
could alter the above. For more, http://www.ssa.gov/pubs/10084.html#3


-HW "Skip" Weldon
Columbia, SC

--------------------------------------
Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.
 

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