When should you start collecting Social Security benefits? If you are approaching retirement age, you have most likely given much thought to the question of when you should begin receiving your Social Security retirement benefits. The strategy that is most advantageous for you depends on your particular needs and circumstances.
Social Security Death Benefits
Social Security death benefits will terminate upon death, and sometimes upon marriage or divorce. When you setup monthly benefits via direct deposit in a bank account, make sure you understand the rules and regulations that the bank will follow in specific circumstances. For example, what will the bank do in specific situations that involve the events which will terminate Social Security benefits? The Social Security rules determine what types of events cause the termination of benefits.