Your loved ones may be eligible for a one-time Social Security payment when you die. Here’s what to know

Your loved ones may be eligible for a one-time Social Security payment when you die. Here’s what to know Social Security retirement benefits provide guaranteed income for your lifetime.

Here’s how that money may benefit your family after you die.

Once you start Social Security retirement benefits , you are generally guaranteed to receive monthly checks for life.But that will stop once you die — with some exceptions for your loved ones.A one-time lump-sum death payment of $255 may be available, provided your survivors meet certain requirements.For example, a surviving spouse may be eligible for the death payment […]

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