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Widowhood: Economic Issues

Economic Effects Of Widowhood, Survivor Benefits: The U.s. Social Security Program, Survivor Protection: Employer-provided Pensions And Individual Accounts

Widowhood is defined as the status of an individual who was legally married to someone who subsequently died. Economically, the death of a spouse will result in loss of income and property that the deceased spouse received or owned, unless provision for their continuation and inheritance is made explicit in income program rules, laws of inheritance, or through the deceased spouse’s will. For this reason, it is important to understand how marriage and inheritance rights to income and assets are defined in law and by programs that provide income to elderly persons.

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