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Your clients, Tom and Margaret, both attained full retirement age and began receiving Social Security monthly benefits of $1,250 and $1,000, respectively. Tom died just
Your clients, Tom and Margaret, both attained full retirement age and began receiving Social Security monthly benefits of $1,250 and $1,000, respectively. Tom died just over two years later. There have not been any cost of living adjustments since they started receiving their Social Security retirement benefits. You should advise Margaret that she will
A) begin receiving a monthly benefit of $2,250.
B) begin receiving a monthly benefit of $1,250.
C) begin receiving a monthly benefit of $625.
D) continue receiving a monthly benefit of $1,000.
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