Part 2: Social Security Survivor Benefits

Social Security is a key benefit for widows. For many widows it is the only safety net they have when a spouse dies. For those who may have other assets like life insurance or retirement accounts, Social Security will still be a huge part of their financial plan. Here are some topics we cover: When can I get Social Security Survivor Benefits? Should I take my own Social Security or my Survivor Benefit? How much will my children get in Social Security Survivor Benefits? How long do Survivor Benefits last? If you missed Part 1, go back and listen as it gives you important foundational information to understand this episode. Check out a blog that Nicole wrote about the Widow’s Cap on Social Security https://rockhousefinancial.com/financial-planning/social-security-for-widows/ Resources Zippia. "30+ Social Security Statistics [2023]: Average Social Security Benefit" Zippia.com. Dec. 12, 2022, https://www.zippia.com/advice/social-security-statistics/ AARP “How Does Social Security Work When A Spouse Dies?” aarp.org. May 05, 2023, https://www.aarp.org/retirement/social-security/questions-answers/social-security-spouse-dies.html#:~:text=If%20you%20are%20below%20full,on%20his%20or%20her%20own. Social Security Website https://www.ssa.gov Social Security Webiste, Windfall Elimination Provision https://www.ssa.gov/benefits/retirement/planner/wep.html Social Security Website, Government Pension Offset https://www.ssa.gov/benefits/retirement/planner/gpo-calc.html PBS. “What Social Security’s Survivors Planner won’t tell you about taking widows benefits” pbs.org. Jun 16, 2014, ttps://www.pbs.org/newshour/nation/what-social-securitys-survivors-planner-wont-tell-you-about-taking-widows-benefits If you would like to learn more about Rock House Financial and the services offered see our website https://rockhousefinancial.com/ Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. RH Advisors, LLC dba Rock House Financial is an SEC registered investment adviser and the opinions expressed on this show do not reflect the opinions of Rock House Financial or any sponsors of the podcast. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Past performance is not indicative of future performance.