Kotlikoff: Social Security is Cheating Widows

Amount of the theft: An average income widow can lose a quarter of a million dollars!

The method? Social Security is forcing, cajoling, suggesting or even just letting widows and widowers file simultaneously to receive both their survivors benefits (also known as widows benefits or widowers benefits) and their retirement benefits. Doing so, however, prevents widows and widowers from taking one Social Security benefit first and the other later, after it has grown. MORE