newellcr
Recycles dryer sheets
- Joined
- Aug 26, 2003
- Messages
- 224
Hello Folks,
I wasn't quite sure were to post this. If someone has a better spot, I'm all ears. Anyhow, as a youngish dreamer, ER planning is just one financial area of concern. It's time for some new term life insurance policies for my wife and myself. In the past we just used a rule of thumb to figure the amount, but I wanted to work up the figure based on our situation this time. Finally my question, I checked the SSA site and my latest SSA update. If one of us kicks off, the surviving spouse is eligible for survivor benefits only if they don't work (and make a reasonable salary), but the two kids are eligible for the survivor benefits whether the surviving spouse works or not. Is this right?
Thanks,
Chris
I wasn't quite sure were to post this. If someone has a better spot, I'm all ears. Anyhow, as a youngish dreamer, ER planning is just one financial area of concern. It's time for some new term life insurance policies for my wife and myself. In the past we just used a rule of thumb to figure the amount, but I wanted to work up the figure based on our situation this time. Finally my question, I checked the SSA site and my latest SSA update. If one of us kicks off, the surviving spouse is eligible for survivor benefits only if they don't work (and make a reasonable salary), but the two kids are eligible for the survivor benefits whether the surviving spouse works or not. Is this right?
Thanks,
Chris