Widow's Benefit

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Widow's Benefit

In the U.S., a state-level deduction from taxable income of the amount a widow or widower receives from the estate of his/her deceased spouse. The benefit means the widow or widower pays little or nothing in state inheritance taxes.
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She said they were concerned about means testing for incapacity benefit, widows benefit and, in many cases, the basic state pension.
Table 1 1993 Entry Cohort by Benefit at Entry Benefit at entry Number % Invalids Benefit 4,220 1.7 Sickness Benefit 23,142 9.3 Unemployment Benefit 172,405 69.2 Training Benefit 19,992 8.0 Domestic Purposes Benefit 27,451 11.0 Widows Benefit 1,765 0.7 All 248,975 100.0
Table 2 Percentage in Continuous Receipt of Benefit for Five Years from 1993 Entry by Benefit at Entry Benefit at entry Per cent with Per cent Percentage- continuous with continuous point receipt of receipt of difference first observed first observed benefit or other benefits Invalids Benefit 55 58 3 Sickness Benefit 3 15 12 Unemployment Benefit 1 3 2 Training Benefit 0 3 3 Domestic Purposes Benefit 22 26 4 Widows Benefit 32 39 7 All 4 8 4
I am due to retire soon and have been advised by them that my fund can either provide a single life pension and/or widows benefits. What do you suggest?
These figures would reduce to pounds 238,800 or pounds 86.83 a month if they did not want an index-linked pension of widows benefits.
As I am now a widower approaching retirement age, I have been advised by them that my fund can provide a single life pension and/or widows benefits. What do you suggest?