Re: Another Soc Sec question

Financial Planning - Financial planning in general. (Moderated) 

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Subject Author Date Re: Another Soc Sec question BreadWithSpam 10-30-2007  Re: Another Soc Sec question nomail1983@hotm... 10-30-2007
Posted by on October 30, 2007, 11:29 am > Anyway, I think my question is independent of those facts. I > simply want to know: if a person has earnings of their own, and > they are a survivor of a person who had earnings of their own, are > the (surviving) person's benefits based on the deceased person's > earnings alone, or on some combination of their earnings, or > something else altogether? If the survivor is older than 62 (ie. would be eligible for his or her own benefits regardless of deceased spouse), said survivor may take either his or her own benefits, or may take survivor's benefits based (only) on the spouse's earnings. It's not a combination. >From http://www.ssa.gov/survivorplan/otherthings4.htm "In many cases, a widow or widower can begin receiving one benefit at a reduced rate and then, at full retirement age, switch to the other benefit at an unreduced rate" There are links on that page to a variety of other details for the various potential situations (ie. including if the survivor remarries, etc). -- Plain Bread alone for e-mail, thanks. The rest gets trashed. No HTML in E-Mail! -- http://www.expita.com/nomime.html Are you posting responses that are easy for others to follow? http://www.greenend.org.uk/rjk/2000/06/14/quoting Posted by nomail1983@hotmail.com on October 30, 2007, 4:20 pm On Oct 30, 7:29 am, BreadWithS...@fractious.net wrote: > If the survivor is older than 62 (ie. would be eligible > for his or her own benefits regardless of deceased spouse), > said survivor may take either his or her own benefits, > or may take survivor's benefits based (only) on the spouse's > earnings. It's not a combination. > > From http://www.ssa.gov/survivorplan/otherthings4.htm Thanks for the details. And thanks for the link. Exactly what I needed. Similar Threads Posted IRA question January 8, 2007, 5:00 am 529 question January 11, 2007, 4:41 pm TVM Question, please help February 8, 2007, 4:33 pm S.S. Question, Please September 1, 2007, 8:40 pm 403(b)/457(b) question October 3, 2007, 4:24 pm RMD question January 17, 2008, 1:04 pm SEP question May 16, 2008, 8:17 am annuities question(s) October 24, 2006, 8:33 am Another gifting question December 14, 2006, 9:14 am Another IRA / Keogh question December 21, 2006, 11:25 am