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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

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DailyFinance

Social Security Q&A: Will Collecting Reduced Survivor Benefits at 60 Reduce My ...
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Divorced Spouse's Survivor Social Security Benefits Simplified

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In our last article, we took a simplified approach to Social Security (SS) survivor benefits. In most cases, if both spouses are past age 70, survivor benefits are relatively simple: The survivor gets the higher of the two benefits. But if someone dies ...
 

GovExec.com

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PBS NewsHour

Social Security: Getting the Spousal Benefit Right
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Cancer survivor pays it forward with benefit

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Bishop was diagnosed with acute myeloid leukemia in 2011. After a relapse in 2013, her friends and family started the group Kelsey's Cure and raised enough money for Bishop and her husband, Trevor, to pay for treatment without taking on debt. ?During ...
 

Ask Carrie: Social Security and divorce

Lake County News Sun
There's one more exception to the rules governing survivor benefits. If you're caring for a child who is younger than 16 (or disabled) and who is getting benefits on the record of your former spouse, you don't have to meet the length-of-marriage rule ...
 

Social Security Q&A: Am I Eligible for Social Security Benefits if I Never ...

Forbes
The spousal and child benefits are half of your husband's full retirement benefit before any limitation imposed by the family benefit maximum. When your husband dies, the child survivor benefit is 75 percent of your husband's full retirement benefit ...