Social Security Survivor Benefits for Widows and Widowers
Losing a spouse to death leaves people with a devastating hole in their lives, but that hole may feel even deeper if their financial security disappears at the same time.
About 53% of married couples rely on Social Security for 50% or more of their income, and 22% of couples depend on it for 90% or more, according to the Social Security Administration.
“When you are widowed, that means you are only going to get 1 Social Security benefit. If you are just making it on 2 benefits, then you are going to be up a creek when you lose 1,” says Cindy Hounsell, an attorney and president of the Women’s Institute for a Secure Retirement.
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