How to Get the MAXIMUM Social Security Survivor Benefit

This video breaks down the Survivor Benefit to make it easy. We even include a little know rule that allows the survivor to get a BIGGER payment than the deceased was receiving. _____________________________________ If you're still using spreadsheets for your financial planning, you're doing it the HARD WAY. Check out the best planning software I've found - BOLDIN (prev. NewRetirement) personal financial planning software. Free 2 week trial and $120/yr after. I use it recommend it. KINDLY USE THIS LINK to Try Boldin for free for 2 weeks ---- https://go.boldin.com/schmidt _____________________________________ Medicare Advantage Open Enrollment ENDS March 31, 2025 - If you've had a premium increase or are just curious what other plans cover, call our trusted partner, CHAPTER for free unbiased recommendations on over 24,000 plans: Call 1- 440-703-1224 and tell them Geoff Schmidt sent you! _____________________________________ The CENTER FOR RETIREMENT at Boston College has some of the best retirement data available and is one of our most trusted sources of information and data. Check out their website here: https://crr.bc.edu/ _____________________________________ Please note: some of the companies and websites above are affiliate relationships of ours which means that it you purchase their product or use their service, we receive a small fee. This does not increase your cost. _____________________________________ CHAPTERS 00:00 Introduction 00:41 Survivor Benefit: Two Types of Payments 02:03 Survivor Benefit: Length of Marriage Rules 02:56 Survivor Benefit: How Your Benefit is Determined 05:21 Survivor Benefit: Claiming Early vs Late 09:27 Survivor Benefit: Widows Limit 12:24 Survivor Benefit: Other VERY Important Rules ____________________________________ OUR THREE MOST POPULAR YOUTUBE VIDEOS OF 2024 10 CHEAP Purchases That Make Retirement SO Much Better: 10 CHEAP Purchases That Make Retirement SO... 7 Things a Retiree Should NEVER Disclose: 7 Things a Retiree Should NEVER Disclose 8 Ways You Can LOSE Your Social Security Payment: 8 Ways You Can LOSE Your Social Security P... _____________________________________ OUR THREE MOST POPULAR ARTICLES ON HOLYSCHMIDT.COM Give My Regrets to Spreadsheets: Why You NEED Personal Financial Planning Software in 2025: https://holyschmidt.com/regrets-to-sp... Financial Tools Worth Every Penny: https://holyschmidt.com/financial-tools/ The RMD Mistake Over 80% of Retirees Make: https://holyschmidt.com/rmd-mistake/ _____________________________________ OTHER IMPORTANT LINKS: FREE Retirement Ready Checklist: https://HolySchmidt.com/Checklist/ Follow Me on Instagram: Instagram: the_schmidtlist Geoff's Facebook Page Facebook: GeoffreyMSchmidt Federal Reserve Board Survey of Consumer Finances: https://www.federalreserve.gov/econre... Social Security Administration Application for Benefits https://secure.ssa.gov/iClaim/rib Current Social Security Cost of Living Adjustment https://www.ssa.gov/cola/ Legal disclaimer: Chapter Advisory, LLC (“Chapter”) is a private health insurance agency. In California, Chapter does business as Chapter Insurance Services (Lic. No. 6003691). Chapter is not affiliated with or endorsed by any government entity. While Chapter has a database of every Medicare plan option nationwide and can help you to search among all options, it has contracts with many but not all plans. As a result, Chapter does not offer every plan available in your area. Currently, Chapter represents 50 organizations which offer 18,601 products nationwide. You can contact a licensed Chapter agent to find out the number of products available in your specific area. Please contact Medicare.gov, 1-800-Medicare, or your local State Health Insurance Program (SHIP) to get information on all of your options. Enrollment in a plan may be limited to certain times of the year unless you qualify for a Special Enrollment Period or you are in your Medicare Initial Enrollment Period. Average potential savings are based on realized premium, co-pay, and out of pocket savings estimates self-reported by consumers that worked with Chapter Advisory LLC to enroll in a Medicare Supplement, Medicare Advantage, and/or Part D Prescription Drug Plan. The average is limited to consumers that chose to self-report. Savings information is subject to periodic updates and corrections. There is no guarantee of savings and any savings may vary by policy type, state, or other factors. Channel Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.