Survivor benefit

0

Q. If I sign up for a survivor benefit for my spouse, and he predeceases me, will my benefit continue as the same amount or become the higher full-benefit amount?

A. If your designated survivor dies first, your benefit will increase to what it would have been had you not elected the survivor benefit in the first place.

Share.

About Author

Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

Leave A Reply