You're working, and you've got a family that depends on you - both now and down the road. Where do you invest your money? Do you borrow against the equity in your house? Through a preferred provider relationship with USAA, The American Legion can provide expert financial advice to just about any question.

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I am 72 and receive $410 per month in Social Security. My wife is 68 and receives $992 per month. If I predecease my wife, will she receive my benefit or a portion of it? If my wife predeceases me, will I receive her benefit or portion of it? – Jim


If your wife predeceases you, your Social Security benefit would increase and be equivalent to her current benefit, $992 per month. On the other hand, if something happens to you first, she would just continue to receive her Social Security because it’s the largest benefit … it would not be changed. In the event of either of your deaths, your overall Social Security income would drop by the equivalent of your benefit, but the system provides a bit of protection for the lower wage earning spouse which is why you would receive her larger check.