It’s Pride Month — Here’s What Same Sex Couples Need to Know About Social Security
To celebrate the diversity of the American people, President Biden officially proclaimed June 2022 as Lesbian, Gay, Bisexual, Transgender, Queer, and Intersex Pride Month. This is not the first measure he has taken to protect the rights of the LGBTQ+ community.
According to GoBankingRates.com, last November the president ensured that same-sex couples would not be subject to waiting periods and would have the same access to Social Security benefits as any other couple. Spouses of all genders are now eligible for benefits if their partner retires, becomes disabled or dies.
The Seniors Trust is committed to improving the financial well-being of all American retirees through passage of The Social Security Expansion Act. This landmark piece of legislation will give retirees an immediate benefits increase of about $200 a month, institute a fair annual cost-of-living adjustment (COLA), increase minimum benefits, and ensure the long-term solvency of the Social Security program.
