Kotlikoff: Social Security is Cheating Widows

6 Mar 2018 | Larry Kotlikoff, Media

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

John C. Goodman is President of the Goodman Institute and Senior Fellow at The Independent Institute. His books include the soon-to-be-published updated edition of Priceless: Curing the Healthcare Crisis, the widely acclaimed A Better Choice: Healthcare Solutions for America, and New Way to Care: Social Protections that Put Families First. The Wall Street Journal and National Journal, among other media, have called him the “Father of Health Savings Accounts.”