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January 08.2026

2 Minutes Read

Are You an Older Parent? Discover How Your Kids Can Collect Social Security Benefits

Older parent and son enjoying nature, symbolizing Social Security benefits.

Unlocking Social Security Benefits for Older Parents

As an older parent, the possibility of collecting Social Security benefits extends beyond just your retirement. Many may not be aware that their children can also qualify, unlocking a path to enhanced monthly income. This little-known aspect of Social Security has significant implications for families that may need additional support.

Eligibility and Key Requirements

If you are a parent who is at least 62 years old, your unmarried children under 18, or up to 19 if they're still in high school, may be entitled to claim dependent Social Security benefits. This benefit is also available for children who are disabled and whose condition started before 22 years of age. Though it remains an underutilized benefit, understanding it is crucial, especially as the demographic landscape evolves with more individuals having children later in life.

Understanding the Financial Impact

The average monthly benefit for children of retired workers currently stands at about $919.02. What’s more, a dependent child can receive up to half of the eligible parent's full retirement benefit. If a parent is deceased, the child can even claim up to 75% of their benefits. In families with multiple eligible children, each child can receive a portion of these benefits, but it's essential to note that there’s a family limit in place that caps the total benefits available.

The Strategy: When to Apply for Benefits

Deciding when to file for Social Security is critical for optimizing family income. Filing early at 62 might appeal to some, especially if it means securing benefits for young children. This strategy can provide a buffer that allows parents to cover immediate financial needs and can even help in planning for future expenses, like college.

Considerations About Work and Benefits

While working is possible, older parents must navigate Social Security's earnings test. As you consider claiming these benefits, understand that exceeding certain income thresholds could reduce both your benefits and those available to your children. Hence, it's wise to strategize when to file for benefits based on current income levels and potential earnings.

Conclusion: Empowering Family Financial Health

For older parents, leveraging these Social Security benefits offers a smart way to enhance family stability and income. Given the complexities often surrounding retirement planning, it’s advisable to engage with a financial advisor or conduct thorough research to optimize your family's benefits in Muskegon. This exploration not only provides peace of mind but also paves the way for financial security throughout retirement.

Retirement and Financial Security

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