Hello To All And Need An Answer

info4me · 09-09-2008, 04:44 PM

Hi Guys,

I am new to this forum so I would like to say hello to everyone.

First a little background. I am a 64 years young female living in California. My husband passed away in 2003. About six months later I quit my full-time job and started drawing survivor benefits. The benefits from his social security amounted to being about $400 less than my monthly income at my full-time job, so I decided to work part-time. I am still working part-time to this day.

My question.....is there a way to get ALL of my survivor benefits in one lump sum?

Thanks.

Westernskies · 09-09-2008, 05:07 PM

Welcome to the forum! There are a lot of folks here with SSA experience; luckily I am still a few years away...

MasterBlaster · 09-09-2008, 07:53 PM

By survivor benefits I assume that you are referring to Social Security.

And as I understand it you cannot take a lump sum under SS. The only option is to take the monthly annuity payments.

Moemg · 09-09-2008, 08:52 PM

Welcome ! I'm also a widow on SS survivor benefits . Sorry , No lump sum benefits but you can change to your SS benefit if it is higher .

info4me · 09-10-2008, 12:06 PM

Thanks for the info Moemg.

My husband's SS is MUCH higher than my SS would be that is why I quit my full-time job and started getting the benefits from his SS.

haha · 09-10-2008, 05:12 PM

Quote:

Originally Posted by info4me

Thanks for the info Moemg.

My husband's SS is MUCH higher than my SS would be that is why I quit my full-time job and started getting the benefits from his SS.

Even if you could, cashing out of SS would be a big error.

Ha

09-09-2008, 04:44 PM	#1
info4me Confused about dryer sheets Join Date: Sep 2008 Posts: 2	Hello To All And Need An Answer Hi Guys, I am new to this forum so I would like to say hello to everyone. First a little background. I am a 64 years young female living in California. My husband passed away in 2003. About six months later I quit my full-time job and started drawing survivor benefits. The benefits from his social security amounted to being about $400 less than my monthly income at my full-time job, so I decided to work part-time. I am still working part-time to this day. My question.....is there a way to get ALL of my survivor benefits in one lump sum? Thanks.

09-09-2008, 05:07 PM	#2
Westernskies Full time employment: Posting here. Join Date: May 2008 Posts: 950	Welcome to the forum! There are a lot of folks here with SSA experience; luckily I am still a few years away... __________________ Sarchasm : The gulf between the author of sarcastic wit and the person who doesn't get it.

09-10-2008, 12:06 PM	#5
info4me Confused about dryer sheets Join Date: Sep 2008 Posts: 2	Hello To All And Need An Answer Thanks for the info Moemg. My husband's SS is MUCH higher than my SS would be that is why I quit my full-time job and started getting the benefits from his SS.

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09-09-2008, 07:53 PM	#3
MasterBlaster Thinks s/he gets paid by the post Join Date: Jun 2005 Posts: 1,777	By survivor benefits I assume that you are referring to Social Security. And as I understand it you cannot take a lump sum under SS. The only option is to take the monthly annuity payments.

09-09-2008, 08:52 PM	#4
Moemg Thinks s/he gets paid by the post Join Date: Jan 2007 Location: Sarasota,fl. Posts: 3,267	Welcome ! I'm also a widow on SS survivor benefits . Sorry , No lump sum benefits but you can change to your SS benefit if it is higher .

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