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Big Picture Retirement®

#095: Social Security Survivor Benefits

Big Picture Retirement®

Devin Carroll

News, Business News, Investing, Business

4.7546 Ratings

🗓️ 22 October 2018

⏱️ 25 minutes

🧾️ Download transcript

Summary

On the surface, Social Security survivor benefits seem pretty simple: at the death of the first spouse, the surviving spouse is eligible to receive his or her own benefit, or the benefit of the deceased, whichever is greatest.

In today's show, Devin and John go over:

  • Who Is Eligible for Survivor's Benefits
  • How Much Is The Spousal Survivor Benefit
  • The RIB LIM, or "Widow's Limit"
  • and Restricted Filings

For more information, visit the show notes at http://www.bigpictureretirement.net/095

Transcript

Click on a timestamp to play from that location

0:00.0

The Big Picture Retirement Show does not provide specific tax, legal, or financial advice.

0:05.1

Listeners are encouraged to seek out their own advisors in these areas.

0:12.9

Hello, everyone, and welcome to the Big Picture Retirement Show.

0:16.1

This is the podcast for anyone who is planning for or living in retirement.

0:20.9

I'm Devin Carroll, and I'm joined today. As I always, well, not always. He was on vacation for a while, but he's back in town now. John Ross. Hey, John. Howdy. John, it is good to have you back, by the way. I know you've missed me. Well, I have. You get used to the way that somebody conversates with you, and it's just tough, man.

0:41.0

Conversates?

0:41.9

Is that not a word?

0:42.7

Is that a Bushism?

0:43.8

I think you just made up a word.

0:47.7

Okay.

0:48.1

We'll go with it.

0:49.1

No, let us stop.

0:50.1

Right now, I'm going over to the Google, conversates.

0:54.5

Conversates.

0:55.4

It's conversates.

0:57.5

No, there is a word called conversate.

1:00.0

Now, I don't know about the S on the end of it.

1:03.4

Now, according to dictionary.com, this term is a back formation from conversation, created by dropping the suffix ion and adding E to produce a

1:13.5

verb form.

1:14.6

Hmm.

1:15.3

John, I'm sorry.

1:16.1

I just dropped the English bomb on you.

...

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