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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

Christian Science Monitor

Widower asks why he didn't get survivor benefits
InvestmentNews (blog)
 

PBS NewsHour

Will Social Security tell me if I'm leaving benefits on the table?
PBS NewsHour
 

Union Beach requesting survivor pension benefits for widow of fallen firefighter

Parade
With one member absent, the borough council voted 5-0 on Thursday to apply for the benefits on behalf of Linda Meyer, the widow of Robert Meyer, who suffered a fatal heart attack while battling a four-alarm blaze at a commercial building on June 8 ...
 

Survivor benefits affected by income from your job

mySanAntonio.com
If you were earning $85,000 at the time you inquired into survivor benefits at age 62, you would not have been able to receive any Social Security benefits. The annual limit for someone turning 62 in 2014 is $15,480, and it would have been even less ...
 

WealthManagement.com

Social Security Q&A: What Social Security's Survivors Planner Won't Tell You ...
Forbes
 

Ring of Fire

Social Security: How the Government Can Snatch Your Benefits
Motley Fool
 

USA TODAY

Personal Finance: Who's eligible for survivor benefits?
USA TODAY
 

Fundraiser Saturday will benefit Cassidy Stay, lone survivor of Spring tragedy

KTRK-TV
A large fundraiser this weekend will raise money for the only survivor of a shooting in Spring earlier this month. A barbecue will be held for 15-year-old Cassidy Stay. Her parents and four younger siblings were shot to death execution-style. Police ...
 

PBS NewsHour

Deciding when to take Social Security widows benefits can't get more complicated
PBS NewsHour
 

UK government: "complex" same-sex survivor benefit issues require further ...

Out-Law.com
The government said that it would need to "consider these costs and the potential impact on pension schemes, along with the wider consequences of making retrospective changes to scheme rules", before making a decision about whether the law should be ...