Not affiliated with the US Social Security Administration

Amount of Child's Insurance Benefit

Excerpted from "Social Security Handbook". See the up-to-date, official Social Security Handbook at ssa.gov.

338. Amount of Child's Insurance Benefit

338.1 How is the child's monthly benefit amount determined?

A child's monthly benefit rate is:

  1. One-half the insured parent's primary insurance amount if the parent is entitled to disability or retirement insurance benefits (see §302); or

  2. Three-fourths of the parent's primary insurance amount if the parent is dead.

338.2 When is the child's benefit amount less?

The benefit paid to a child may be less if:

  1. The "family maximum" applies and the benefit rate must be reduced (see §§731-732); or

  2. A disabled "child" is entitled to disability or retirement insurance benefits on his or her own Social Security record. In this case, only the amount by which the child's monthly benefit rate exceeds the retirement or disability insurance benefit is paid as the child's insurance benefit.

(See §§733-737 for the effect of simultaneous entitlement to other Social Security benefits on the child's insurance benefit.)

Last Revised: Jun. 30, 2004


Sponsored Links

Recent Content

What Social Security May Look Like in 2035

Interesting article which looks at how Social Security may fare in the year 2035.

Highlights :

* The worker-to-beneficiary ratio will drop from 2018's 2.8 to 2.2-to-1.

* Workers will have to wait longer to receive "full" benefits

* Social Security's "trust fund" will be exhausted

* Substantial benefit cuts may be needed

* Payroll taxes will be critical to pay for benefits

* Social Security benefits will continue to decline due to inflation

Four Factors that Determine Your Social Security Retirement Benefit

Your Social Security retirement benefit largely depends on the following four factors :

* Your work history => Longer yields a higher benefit

* Your earnings history => Higher earnings yields higher benefit (at decreasing rate)

* Your birth year => Born earlier means higher relative benefit

* Your claiming age => Starting benefits later means higher benefit

Ads

Ads

Not affiliated with the US Social Security Administration