Social Security Is Shortchanging Widows And Widowers
larrykotlikoff.substack.com
Originally posted on Forbes. In a recent report, Social Security's Inspector General formally accused Social Security Administration staffers of reducing the benefits of thousands of widows and widowers — to the tune of $132 million and counting. The method? Forcing, cajoling, suggesting or even just letting widows and widowers file simultaneously to receive both their survivors benefits (also known as widows benefits or widowers benefits) and their retirement benefits. Doing so, however, prevents widows and widowers from taking one Social Security benefit first and the other later, after it has grown.
Social Security Is Shortchanging Widows And Widowers
Social Security Is Shortchanging Widows And…
Social Security Is Shortchanging Widows And Widowers
Originally posted on Forbes. In a recent report, Social Security's Inspector General formally accused Social Security Administration staffers of reducing the benefits of thousands of widows and widowers — to the tune of $132 million and counting. The method? Forcing, cajoling, suggesting or even just letting widows and widowers file simultaneously to receive both their survivors benefits (also known as widows benefits or widowers benefits) and their retirement benefits. Doing so, however, prevents widows and widowers from taking one Social Security benefit first and the other later, after it has grown.