When most people think about Social Security, they’re focused on how their benefits will help support their retirement. But in some cases, Social Security benefits aren’t just for you.
Children can sometimes receive Social Security payments based on a retired parent’s work record. It doesn’t apply to every child, but if it applies in your case, the extra money can make a big difference with school costs, groceries and other expenses. Here’s who is eligible, how much money families can get and how to apply.
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Some children can get Social Security when a parent retires
Unmarried children who are younger than 18 may qualify, and the opportunity also extends to those who are 18 and 19 who are full-time K-12 students. Those 18 or older with a disability that began before age 22 may also qualify. These dependent benefits are tied to the retired parent’s earnings record, and can extend to stepchildren, adopted children, grandchildren, and step-grandchildren under certain circumstances.
Social Security outlines family eligibility criteria and gives retirees the opportunity to apply. This program is different from survivor benefits, which apply after a parent passes away.
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How much families can get
While Social Security lets a dependent receive up to 50% of the parent’s benefit, the math doesn’t always translate to 50% distributions. That’s because Social Security limits the family maximum benefit, typically to between 150% and 180% of your benefits.
The worker’s benefit is never reduced under these rules, but the pie is cut into smaller pieces as more dependents file claims tied to your benefits.
The Social Security Administration found that the average monthly benefit for applicable children of retired workers in June was $960.30. It can help with various expenses and give families more financial flexibility.
How to apply
You can contact Social Security directly about family benefits when applying for retirement benefits. A representative can address family-specific questions and help you determine what your options are. Retirees may have to report changes in their children’s marriage status, school status and income.
Social Security won’t automatically approve every dependent who is eligible. You may have to provide the dependent’s birth certificate, Social Security number and school information during the application process to demonstrate their eligibility. The Social Security Administration’s website has specific steps on applying for children’s benefits, including a number to call.
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