Part 2 from the very beginning of our  Social Security Event earlier this year, Expert, Mr. Tom Clark, led off the fun casual discussion with the much important and frequently forgotten secondary benefits that Social Security Provides. Part 1 Here and Direct Audio Here on our site,  Discussed Social Security Death Benefits – but now the secondary forgotten portion of Social Security Benefits:

Social Security Disability Benefit

• Social Security Disability benefits are VERY important, due to the fact that 1 of 3 workers die or become disabled, with the great majority being Disabled
• Disability benefits are for very disabled, and pay to those that cannot due any work anywhere in the US
• One in four workers being disabled now versus one in three in recent years is a great improvement
• Majority of workers become disabled in mid to late 50’s
• Disability benefits are paid as if you are retired at Full retirement age I.e. Your maximum full retirement age benefit will be paid to you if you become disabled no matter your age

Multiple Audio for Different Devices – Mr. Tom Clark – If first does not work, click next file – all are same audio, just different format

Wave file format:

MP3 File Format:

OGG File Format:

M4A File Format:

As a last resort – Click Here for Direct Link to Audio Posted on our Special Social Security Page

Have a Great “Understanding Social Security Disability Benefits” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents

At our Fantastic Social Security Event earlier this year, Expert, Mr. Tom Clark, led off the fun casual discussion with the much important and frequently forgotten benefits that Social Security Provides.

Social Security Death Benefits

• Should a parent die with children under the age of 18, Social Security Monthly Death Benefits will be payable until age 18 for each child
• Parents will have needed to pay into Social Security for the benefit to occur
• Benefits will pay to a maximum of three children per family i.e. Families with greater than three children will max at the third child (called the family maximum benefit), families with less than three children will be receive monthly benefits based on number of children under 18 – Here is a link to how to calculate the benefit, as warned by Clark, its complicated
• Benefit amount will depend on amount being paid into at the time – i.e. Higher payers will receive higher benefits
• No matter the income a benefit will be paid i.e. “Even a billionaires child will receive monthly benefits until age 18!” This statement in the Audio from event, below
• Benefits will be paid to an adult for the benefit/use of the child
• Over THIRTY FIVE THOUSAND, yep, thirty five thousand children receiving benefits in the Dallas Fort Worth Area alone! From audio below

Multiple Audio for Differing Devices – Mr. Tom Clark

Have a Great “Understanding Social Security Death Benefits” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents