Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 1
*SS website says "$1948 for your child", "$1948 for spouse caring for child".

"Total Family Benefits can't be more than $4545 per month."

Based on all of that, can you give me your estimate/guess on what the total monthly benefit would be?

Seems like pretty straightforward math to me.

2 kids - $1948 each
spouse $1948.

That totals $5844, which is more than the family limit of $4545. So the family would get $4545 - with 1/3 of that going to each of your 3 survivors. (Which make a bit of a difference for income tax purposes, as only your spouse's benefit would be taxable based on the other income you have mentioned earlier. The kid's benefits will be tax free, unless they also have some other income.)

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.