Social Security’s death benefit has been $255 since 1954. Some senators want to change that
- Posted on September 26, 2024
- By CNBC
- 2 Views
Social Security’s death benefit has been $255 since 1954. Some senators want to change that
Sen. Peter Welch, D-Vt., has introduced a new bill, to raise the Social Security lump-sum death benefit to $2,900 to reflect today's cost of living.