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Social Security

Social Security. Lump-Sum Death Benefits. May be eligible: 1.5 – 10 years of work widow/er 60 or older (50 if disabled) divorced widow/er 60 or older (50 if disabled) caring for child under 16 or disabled unmarried children up to 18/19 if full-time student disabled children under 22

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Social Security

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  1. Social Security

  2. Lump-Sum Death Benefits • May be eligible: • 1.5 – 10 years of work • widow/er 60 or older (50 if disabled) • divorced widow/er 60 or older (50 if disabled) • caring for child under 16 or disabled • unmarried children up to 18/19 if full-time student • disabled children under 22 • dependent parent(s) 62 or older

  3. Lump-Sum Death Payment • $255 in addition to monthly cash benefits • Order of Priority: • surviving spouse living in same house • surviving spouse eligible for benefits for the month of death • child/ren eligible for benefits for the month of death

  4. Application • Social Security Office/1-800-772-1213 • required information: • applicant and decedent’s social security number • proof of marriage for spouse’s benefit • proof of worker’s death (DC or SSA-721) • applicant and children’s birth certificates • decedent’s W2 or federal tax return • proof of support • proof of divorce • checking/savings account info. for direct deposit

  5. Supplemental Security Income • eligibility: • countable resource limitation of $2000 for individual and $3000 for a couple • burial funds up to $1500 each plus burial space expenses are excluded • income and accruals on burial funds and burial space are excluded • assets in “burial fund” and “burial space” must be segregated

  6. An irrevocable contract for final disposition, including income from the contract, is not considered a resource.

  7. Medicare • Administered by the Health Care Financing Administration (HCFA) under the U.S. Department of Health and Human Services (HSS)

  8. Supplemental Security Income (SSI) • federally administered • provides monthly cash payments to the needy, aged, blind and disabled • administered by the Social Security Administration

  9. Medicaid • joint state-federal health insurance program for low-income individuals • administered by individual states • resources placed in an irrevocable funeral fund are excluded • revocable contracts limited to $1500 for funeral expenses and unlimited burial space expenses

  10. Railroad Retirement • separate from Social Security • Social Security will determine which agency will pay the benefits

  11. Lump-Sum Death Benefits • 10 or more years of service (need not be consecutive) • amount determined by when the 10 years was completed • Before January 1, 1975 = $800 • After 1974 = $255

  12. Lump-Sum Death Benefit (cont’d) • payable to widow/er living with or supported by the decedent • If 10 years service prior to 1974 with no qualified widow/er as survivor, lump sum may be paid to the funeral home or the payer of the funeral expenses (cannot exceed actual costs) • If 10 years service after 1974, lump sum payable only to the widow/er

  13. Residual Lump-Sum Payment • done in lieu of further annuity payments • refund of decedent’s pre-1075 railroad retirement taxes plus an allowance • reduced for retirement benefits already paid as well as survivor benefits previously paid by Railroad Retirement Board or SSA • if decedent received an annuity for 2 or more years, residual will probably not be payable to survivors

  14. Railroad Retirement • has its own forms but SSA 721 acceptable • if Social Security number begins with 700, individual was a railroad employee • “700” does not insure that the individual is entitled to Railroad Retirement benefits

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