Over the past few weeks I’ve seen a lot in the news about Joe Biden’s plans for Social Security. One of the pieces of this plan that has always stuck out to me is his plan for Survivor benefits. In today’s video, I want to cover what he plans to change and who is most likely to benefit from these changes.
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RESOURCES FOR THIS VIDEO
My video: Spouse’s Guide to Social Security
My video: How Survivor’s Benefits Are Calculated If You Die Early
Calculating Spousal Benefits With Dual Entitlement
ARTICLE –
VIDEO –
Survivor’s Benefits (see page 69) it has this additional language
“Benefits used in this calculation for both the surviving spouse and the deceased spouse include any reductions for claiming before the full retirement age and any delayed-retirement credits.”
The 75% Alternative
See Disclosures Below
⭐⚠️⭐Please read this⭐⚠️⭐
I am an actual practicing financial planner, but I’m not YOUR financial planner. Don’t take what I say as specific advice for your situation. Please consult with your own tax, legal and financial advisors.
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⚠️I am not an attorney or SSDI advocate. Furthermore, since I don’t really know you, I can’t give you advice. Please don’t take this video as specific advice for your specific situation. Consult your own tax, legal and financial advisors.
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David Carroll I think whatever your name is Carol I think you're part of my family or my mom's side of the family or my uncle's somebody's could you tell me who the f*** I am I'm not playing I have no clue who I am and all of you do so if one of you want to fill me in let me know what a piece of s*** dad I had or something it'd be really nice to know thank you
I think it’s really lousy how a person pays into the system their entire life and paid taxes on top of that, only to have to pay taxes again on a federal level. America is literally getting screwed. My x husband was military for 17.5 years. I recently got survivor benefits. The lump sum for 2021 was $$$$. But then I get a letter saying their going to “ hold $$$” in case they over paid me. I can do the math so why can’t they?
In the title it states "Biden's Plan" and published about 1 year ago. Is this now law and effective? Or still in the mix with a lot of his other "plans"? TIA
Biden u r a lier ! I’m a survivor on SS
I am 60 and started getting survivor benefits in February 2022. They tell me I can only make $19,800 a year. I spoke to an older friend of mine who said he could earn as much as he wanted when he got survivor benefits. Why did that change? I have cut my hours back and don't want to lose my health benefits. Besides, my employer needs me. They cannot find enough staff. Is there a way around this?
How can I cancel my pending survivors benefits Application. I just applied July 1 of this year. I want to cancel The application and start mine benefits first
With interest
I am receiving a survivors benefits for 3 years already..If my income goes more than $17,000 a year they automatically cut off my benefits..! My annual income from work as daycare assistant is between $21,000-23,000..! So technically, I only received my survivors benefits only 6 months. if by error they send me a check and I am already earning more than $17,000 ..I normally received letter SS admin to pay them back and my benefits stop. And will wait for the next year to start receiving again… it's like a cycle..
Biden if you really give a damn. Give us a Stimulus check now. We're hurting out here.
I was getting widows benefits I lost my daughter to the system they took my benefits how can I get my benefits back and what if now I qualify for disability can I get my disability and my widows benefits
President Brandon can’t even plan what he will be doing 5 minutes from now
scenero, both are 60yrs old today, the higher wage earner dies before filing for soc sec, does the remaining spouse get to claim his benefits when she reaches retirement age, and doesn't re marry.
does the survivor spouse get more if her spouse goes on dialysis before He Passes
You can’t get Survivor benefits.
Unless you have been married to that spouse for 10 years.
Exactly 10 years to the day.
I know this.
My husband and I were married for 9 years 11 months and 28 days.
I missed it by 2 days to collect Survivor Benefits.
They really need to change this.
I currently collect a SB and just recently retired at 66 in my 67th year. For clarity, are you saying that I could collect 75% of his (deceased) and 75% of mine? Sounds too good to be true .. I have left a message with SS to a specific number, left a voicemail and the call has not been returned, yet, with this very same question. Does anyone view these questions/comments from Devin's camp and reply?
And you can actually file for your deceased spouse’s or ex spouse’s ( if you were married at least 10 years ) survivors benefits, and DELAY taking your OWN social security, which is probably higher, until a later date, but there is paperwork for that.
Don’t confuse “survivor’s benefits“ ( your spouse or ex spouse has DIED ) with benefits you could get when your spouse or ex spouse is still ALIVE. This confusion happens all the time, even among experts. Do your own research. AARP has some basic and good info in this. You could start there.
to qualify for Spouse benefits you have to be married 10 years, If the government reduces this duration
will certainly helps many seniors.
Does this apply to divorced spousal survivor benefit?
and on top of all that, the changes will NOT HELP those of us on Adult child Survivor benefits, we will NOT see an increase and we WILL STILL LOSE OUR BENEFITS if we even so much as DATE another person
He has no plans for ss except to hurt us.this should be obvious to everybody by now.
When will this take place permanently
Hello, great video. I’m on SSI & unfortunately my young husband unexpectedly recently passed away, leaving me with two small children. Since he was so young when he passed he didn’t have much built up for myself & 2 children to get in survivors benefits per month. He also had 2 children from a previous relationship so it’s being split 5 ways. I never hear about what’s going on in the case of someone who passed young leaving a wife & children behind with survivors benefits instead of when they die older & just leave an elderly wife behind. Any information on that?
Ridiculous trying to kill us
Why dose he keep doing that