What happens to your Social Security payments when one spouse dies
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Could this happen to you or your parents? Read on.
“I have actually searched the Net as well as found no response to my father's trouble. Mother just died, at 74. She earned $1,400 a month in Social Safety and security. Papa is 74 and obtains $1,200 a month. This was their only revenue as well as it barely covered their expenses. They have no savings.”
Currently, Social Security has told my father that he will certainly get only $1,400 a month and that his benefit would stop!
“That is simply not enough to live on. I would not think our federal government does this to the elderly! Is there more we need to understand? Is there anything that exists to receive both? Currently, besides losing his spouse of over 50 years, he will be in debt for the first time. Is there anything he can do?”
Unfortunately, these are the policies. When one partner passes away, the lower Social Security payment goes away. I can mention you all kind of reasons why this holds true, and even why it is “reasonable,” however they won't alter the undesirable shock encountered by your dad and also other longtime spouses.
With the very first baby boomers now mature 72, the quantity of these very tough survivor situations will increase sharply.
When Social Security was developed in 1935, few women remained in the workforce. The man's income was the dominant resource of retired life income, so household expenses did not change sharply when one spouse died.
With the percentage of women in the workforce now almost equal to men, this is no more the instance. As well as with the first baby boomers currently mature 72, the volume of these extremely tough survivor situations will be increased greatly.
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