Unveiling the Truth- Can You Inherit Your Parents’ Social Security Benefits Upon Their Passing-

Can you collect your parents’ social security when they die?

Losing a loved one is an incredibly difficult time, and the last thing on your mind might be financial matters. However, understanding how to collect your parents’ social security benefits after their passing is crucial to ensure a smooth transition for your family. In this article, we will discuss the process of collecting your parents’ social security benefits and the requirements you must meet to do so.

Eligibility for Collecting Social Security Benefits

To collect your parents’ social security benefits after their death, you must meet certain eligibility criteria. The first requirement is that you must be the surviving spouse or child of the deceased parent. If you are a surviving spouse, you can start collecting benefits as early as age 60, or as soon as you become eligible for retirement benefits if you are at least 62 years old. If you are a surviving child, you can start collecting benefits at age 18, or 19 if you are still attending high school.

Types of Social Security Benefits

There are two types of social security benefits you can collect from your deceased parent: survivor benefits and lump-sum death benefits.

1.

Survivor Benefits

Survivor benefits are a monthly payment that you can receive if you are a surviving spouse or child of the deceased parent. These benefits are calculated based on the deceased parent’s earnings history and can be a substantial source of income for your family.

2.

Lump-Sum Death Benefits

Lump-sum death benefits are a one-time payment of $255 that is available to the surviving spouse and eligible children of the deceased parent. This payment is intended to help cover immediate expenses after the death of a loved one.

How to Apply for Social Security Benefits

To apply for your parents’ social security benefits, you must follow these steps:

1.

Collect Necessary Documents

Gather the necessary documents, including your parent’s death certificate, your identification, and proof of your relationship to the deceased parent.

2.

Visit the Social Security Administration (SSA)

Visit your local SSA office or apply online at www.ssa.gov. You can also call the SSA at 1-800-772-1213 for assistance.

3.

Complete the Application Process

Fill out the necessary forms and provide the required documentation. The SSA will review your application and determine your eligibility for benefits.

Understanding the Waiting Period

It is important to note that there is a waiting period for survivor benefits. If you are applying for survivor benefits, you must wait until the month after your parent’s death to begin receiving payments. However, you can apply for benefits as soon as you are eligible, even if you are not yet receiving payments.

Conclusion

Collecting your parents’ social security benefits after their death can provide much-needed financial support for your family during this difficult time. By understanding the eligibility requirements, types of benefits, and application process, you can ensure a smooth transition for your loved ones. Remember to collect all necessary documents and visit the SSA to start the application process as soon as possible.