Referred to the House Committee on Ways and Means.
Social Welfare
Why This Matters
This bill updates the Social Security lump sum death payment to $2,900 and ties future payments to inflation. This ensures that families receive adequate support during difficult times as costs rise.
If you lose a family member who was receiving Social Security, their death benefit will increase to $2,900 starting in 2025.
Who this affects
Families receiving benefits
What changes is this bill making?
1This bill raises the lump sum death payment to $2,900 starting in 2025.
2The payment amount will increase each year based on inflation.
3This change helps ensure the payment keeps up with rising costs of living.
4The updated payment applies to individuals who die on or after January 1, 2025.