Reported 25 days ago
Deciding whether to opt for a survivor benefit on pensions poses a significant dilemma for couples, particularly when one partner is older. The choice between a higher monthly pension with no survivor benefit or a lower one that ensures income for the surviving spouse can be challenging. Alternatives like life insurance can provide solutions, but calculating the financial implications and needs for long-term care are crucial. Consulting with a financial professional may help navigate these options effectively.
Source: YAHOO