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Survivor Benefit

The payment made to a beneficiary (usually the ex-spouse or alternate payee) from a retirement plan after the plan participant dies.

Question: How do I know if the military Survivor Benefit Plan applies to me? See details please.? My Father recently passed away and my mother has already passed away a few years ago. I am an ony child. I'm unsure if my father had any type of life insurance and I already checked his banking statements. I need to figure this out before I lose out. I am over 18 (in my 30's). Can anyone familiar with the Military (SBP) Survivor Benefit Plan please help me? Thank you in advance

Answer: SBP is something that he would have had to set up, if he didn't then you would not be eligible for it. As you are no longer a dependent of him you will not receive his pension, access to bases, etc... He might have had life insurance but that could have been through any company. He should have outlined everything in his will if he had one. http://www.vba.va.gov/bln/dependents/chi…

 


Survivor Benefit Related Products and News

Prescott Daily Courier

Retirement board will rule on Hotshot survivor benefit claims
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Obamacare: kid's Social Security survivor benefits are not income

Bangor Daily News
Since the children do not have to file a tax return, their Social Security survivor benefits do not count toward the household income. Because she lives in Georgia ? where there is no Medicaid ?expansion? ? she needs to earn at least $23,550 at her new ...
 

Washington Post

Social Security, Treasury target taxpayers for their parents' decades-old debts
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Boost Your Social Security Payments

DailyFinance
Married individuals are also eligible for survivor payments when their spouse passes away. Husbands and wives can increase the amount their surviving spouse will receive by delaying claiming their Social Security benefit. Conversely, spouses who ...
 

Niagara Falls Review

Spouse killers shouldn't collect survivor benefits: MP
Niagara Falls Review
 

Daily Mail

Thorsten Rushing, 18, 'murdered father and brother, 14, to get survivor benefits'
Daily Mail
 

LGBTQ Nation

SSA updates policy on survivor benefits for transgender spouses
LGBTQ Nation
 

Social Security death benefits for children

Newsday
My daughter was on Social Security Disability when she died in July. I have legal custody of her two children, who receive a monthly survivor benefit. I was told they're also entitled to the $255 death benefit, but we never received a check. Could it ...
 

Kiplinger Personal Finance

Strategies Married Couples Can Use to Boost Benefits
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Benefit planned for cancer survivor

Mansfield News Journal
Just ask Erick Schell. Schell's fourth-grader, Kayleb, and kindergartener, Kayden, rely on their father to provide for their needs as children those ages do. But about a year ago in the middle of winter, Erick's job as a parent got a little harder ...