On todays show, Marc and Jim review a handful of situations surviving spouses are encountering as they consider retirement strategies.

Welcome to Situational Social Security, where we review situations that are unique to clients, and learn about how advisors are using Social Security knowledge in their practice.  Whether you specialize in Social Security already, or are interested in learning more, Situational Social Security is THE PLACE FOR YOU!!  For more details about our certificate program, or if you would like to be a guest on our show, please visit our website premierNSSA.com and leave us a message on the contact page.

2:06 - Martha is age 59 with a PIA of $1,000.  Her husband recently passed away at age 62.  His death PIA per SSA is $2,400.  Martha is confused regarding her Social Security options. 

7:13 - Sam passed away leaving behind his wife, Chloe, and a 7 year old son, Charlie.  Chloe heard about the child in care benefit but does not understand if she qualifies.  

10:39 - Sue is age 63 and has a PIA of $1,250.  Her husband passed away a year ago.  His death benefit is $2,300.  Sue is working with an annual salary of $25,000.  She was not sure about her options, or the impact of her earnings on her widow or retirement benefits. 

14:54 - Sid’s wife passed away a couple years ago.  He is now age 64 and did not realize that he could have begun receiving a widower benefit sooner.  He wants to file an application to claim benefits effective two years ago when his wife passed away.  He learned that there is a 6 month retroactive rule, but does not understand if it applies to him.  

16:12 - Claire’s ex husband passed away in January at age 62.  Claire is age 61 and wants to begin benefits.  She is working and her earnings are around $50,000 a year.  She contacted SSA at 800 772 1213 to apply for widow benefits.  Claire was asked about her earnings.  She is not a happy camper!

Tune in to find out!

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