Can I Collect Widow’s Benefits and Still Work?
Losing a spouse is an incredibly difficult time, and it can bring about a variety of challenges, including financial ones. One common question that many widows and widowers face is whether they can collect widow’s benefits from Social Security and still work. The answer to this question depends on several factors, including the amount of income earned, the age of the recipient, and the specific type of benefits being collected.
Understanding Widow’s Benefits
Widow’s benefits are a form of Social Security survivor benefits that are available to the surviving spouse of a deceased worker. These benefits are designed to provide financial support to the surviving spouse, especially if they were dependent on the deceased worker’s income. There are two types of widow’s benefits: primary and auxiliary.
Primary widow’s benefits are available to surviving spouses who are age 60 or older, or who are disabled and have been disabled for at least seven years. Auxiliary widow’s benefits are available to surviving spouses who are younger than age 60, but who are caring for the deceased worker’s child who is under age 16 or disabled.
Working While Collecting Widow’s Benefits
In general, you can collect widow’s benefits and still work, but there are certain income limits that must be considered. For individuals who are collecting primary widow’s benefits, the limit is $18,960 per year ($1,580 per month) in 2023. If you earn more than this amount, your benefits will be reduced.
For those collecting auxiliary widow’s benefits, the limit is lower. In 2023, the limit is $14,160 per year ($1,180 per month). If you earn more than this amount, your benefits will be reduced at a rate of $1 for every $2 earned over the limit.
Exceptions and Special Rules
There are some exceptions and special rules that may apply to certain situations. For example, if you are disabled and collecting survivor benefits, there is no income limit. Additionally, if you are caring for a child under age 16 or disabled, your benefits may not be affected by your earnings.
It’s important to note that if you are collecting widow’s benefits and you are also receiving retirement benefits, the total amount of income you can earn may be limited. In this case, your benefits may be reduced or suspended if you earn more than the annual limit.
Seeking Professional Advice
Navigating the world of Social Security benefits can be complex, and it’s important to seek professional advice if you have questions about collecting widow’s benefits while working. A Social Security representative or a financial advisor can help you understand the rules and determine the best course of action for your situation.
In conclusion, you can collect widow’s benefits and still work, but it’s important to be aware of the income limits and any potential reductions in your benefits. By understanding the rules and seeking professional advice when needed, you can ensure that you are making the most of your benefits while also providing for yourself and your family.
