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I think that depends. My Mother-in-Law continued to receive pension benefits from her late husband after he passed. I'm sure it depends on the pension and such.
by whartung 2y ago
I think that depends. My Mother-in-Law continued to receive pension benefits from her late husband after he passed. I'm sure it depends on the pension and such.
- sokoloff 2y agoSurviving spouse benefits are fairly common. That’s different from inheriting the unspent account balance in a 401(k) [such as by your kids and, of course, if there is any].
- ghaff 2y agoWhen I elected to start taking my pension I think there was an option to take a lower amount with a surviving spouse benefit. (Same is true for another annuity I have.) Different, as you say, from a pool of money that's "yours" with whatever tax consequences may be involved.