At Extreme Investor Network, we understand the importance of maximizing all sources of financial support available to families, especially during challenging times. That’s why we are excited to share valuable information about Social Security survivor benefits for children, as highlighted by Minnesota Governor and 2024 Democratic vice presidential candidate Tim Walz.
In his recent speech at the Democratic National Convention, Governor Walz emphasized the significant impact Social Security survivor benefits had on his family after his father passed away when he was just 19 years old. These benefits provided crucial financial support that allowed his family to maintain their dignity during a difficult time.
Did you know that approximately 3.7 million children in the United States currently receive Social Security benefits? These benefits are available to eligible children who are under 18, full-time students between the ages of 18 and 19, or adults with disabilities that began before the age of 22. The average monthly benefit for a surviving child is $1,103, helping millions of families across the country.
However, many families are unaware that they qualify for these vital financial resources. According to Social Security Commissioner Martin O’Malley, as many as half of orphaned children in the U.S. are not receiving the benefits they are entitled to. This is a concerning statistic, as accessing these benefits could potentially lift children out of poverty.
At Extreme Investor Network, we believe in empowering families to make informed financial decisions. That’s why we want to ensure that all eligible children receive the support they deserve. The Social Security Administration is actively working to identify families who may qualify for survivor benefits and has implemented various initiatives to raise awareness about these benefits.
If you believe your family may be eligible for Social Security survivor benefits, don’t hesitate to reach out to the Social Security Administration at 1-800-772-1213. You may need to provide documentation such as birth certificates, Social Security numbers, and proof of disability to apply for children’s benefits.
At Extreme Investor Network, we are committed to guiding families towards financial stability and security. Stay tuned for more valuable insights and expert advice on personal finance topics to help you navigate your financial journey with confidence. Remember, you deserve to access all the benefits available to you and your loved ones.