The Social Security Family Maximum

The Social Security system has a generous payment to beneficiaries of someone who retires, dies or becomes disabled. What catches many by surprise is that these payments are limited by the Social Security family maximum benefits rule.

If someone retires or dies, this rule caps the benefits that can be paid from any one individual’s record to a range of 150%-188% of their full retirement age benefit. If someone becomes disabled, the family maximum benefit will limit their beneficiaries to no more than 150% of their full retirement age benefit.

Resources:

MY ARTICLES & VIDEOS

Complete Guide to the SS Family Maximum
https://socialsecurityintelligence.co...

How To Calculate Your SS Benefit
https://socialsecurityintelligence.co...

Amount of Mother’s/Father’s Benefits
https://www.ssa.gov/OP_Home/handbook/...

SSA research piece, “Understanding the Social Security Family Maximum”
https://www.ssa.gov/policy/docs/ssb/v...

SSA webpage on the formula for the family max
https://www.ssa.gov/oact/cola/familym...

POMS RS 00615.768 Adjustment in Simultaneous and Dual Entitlement Cases
https://secure.ssa.gov/apps10/poms.ns...

POMS RS 00615.756 Adjusting Benefits for the Family Maximum (FMAX)
https://secure.ssa.gov/poms.nsf/lnx/0...

RS 00615.768 Adjustment in Simultaneous and Dual Entitlement Cases
https://secure.ssa.gov/apps10/poms.ns...

Splitting of entitlements
https://maximizemysocialsecurity.com/...

POMS RS 00208.000 Mother's and Father's Benefits (Child In Care)
https://secure.ssa.gov/apps10/poms.ns...

POMS RS 00615.772 Determining the SSN Upon Which Benefits Will Be Paid
https://secure.ssa.gov/poms.nsf/lnx/0...

RS 00615.770 Simultaneous Entitlement of Children on More Than One SSN
https://secure.ssa.gov/apps10/poms.NS...

2014 OIG Audit “Adjustment of Monthly Benefits Under the Family Maximum Provisions”
https://oig.ssa.gov/sites/default/fil...

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⭐⚠️⭐Please read this⭐⚠️⭐

⚠️I am not an attorney, SSDI advocate, or affiliated with the Social Security Administration or any other entity of the US Federal Government. I am a practicing financial planner, but I’m not YOUR financial planner and since I don’t really know you, I can’t give you advice. So please don’t take this video as specific advice for your specific situation. Consult your own tax, legal and financial advisors. 🙇🙇🙇🙇🙇
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