Update on Social Security: House legislation aims to increase payouts for widows and widowers
Previously this month brought back the House plan that would increase widows’ and widowers’ Social Security payments by up to 25%. Rep. Linda Sanchez (D-CA) proposed the Protecting Our Widows and Widowers in Retirement Act on June 7. It will establish an alternate benefit equivalent to 75% of the total income that both partners earned while the beneficiary…