Social Security Survivor Benefits For Children Payment Schedule
As a parent, one of the most important things you can do is make sure your children are taken care of in the event of your passing. That’s where Social Security survivor benefits come in. These benefits provide financial assistance to children who have lost a parent, and it’s important to understand the payment schedule so that you can plan accordingly.
My Personal Experience
When my husband passed away unexpectedly, I was left to raise our two children on my own. I was grateful to find out that we were eligible for Social Security survivor benefits, but I had a lot of questions about the payment schedule and how much we would receive.
After doing some research and talking to the Social Security Administration, I was able to get a better understanding of how the payment schedule works and how it would help support my family.
What Are Social Security Survivor Benefits?
Social Security survivor benefits are paid to children who have lost a parent, whether due to death or disability. The benefits are designed to help provide financial support for the child until they reach adulthood.
The amount of the benefit is based on the deceased parent’s Social Security earnings, and it can be paid to children who are under the age of 18, or up to age 19 if they are still in high school.
Events and Competitions
- Social Security Administration’s Annual Survivor Benefits Conference
- Survivor Benefits Awareness Month (June)
Payment Schedule Guide
Social Security survivor benefits are paid on a monthly basis, and the payment amount is based on the deceased parent’s earnings history. The payment schedule is determined by the child’s date of birth.
If the child was born on or before the 10th of the month, they will receive their benefit payment on the second Wednesday of the month. If the child was born after the 10th of the month, they will receive their payment on the third Wednesday of the month.
Example Payment Schedule:
| Date of Birth | Payment Day |
|---|---|
| 1st-10th | 2nd Wednesday of the month |
| 11th-31st | 3rd Wednesday of the month |
Question and Answer
Q: Can both parents receive survivor benefits for the same child?
A: No, only one parent can receive survivor benefits for a child. If both parents passed away, the child’s benefit would be based on the higher earning parent’s record.
Q: Can survivor benefits be used for anything?
A: Yes, survivor benefits can be used for any expenses related to the child’s care, such as housing, food, clothing, and education.
FAQs
Q: How long will my child receive survivor benefits?
A: Your child will receive survivor benefits until they turn 18, or until they graduate from high school (up to age 19). If your child is disabled, they may continue to receive benefits for as long as they remain disabled.
Q: Can survivor benefits be reduced if my child receives other income?
A: Yes, survivor benefits can be reduced if the child has other sources of income, such as a trust or a part-time job. However, the reduction is based on a formula that takes into account the child’s total income and the amount of the survivor benefit.
Understanding the Social Security survivor benefits payment schedule is an important part of planning for your family’s future. By knowing when to expect payments and how much you will receive, you can better manage your finances and provide for your children’s needs.
