President Trump’s Social Security Bonus

When Social Security was designed, husbands typically provided the sole income for the family, while their wives stayed home and took care of the children and household. That was never true for all American families.  However, it was common enough, that lawmakers had to take it into account when planning Social Security.

In such traditional families, the retirement or death of the husband would cause great hardship. As a result, Social Security was designed to protect spouses and other dependents of workers who paid into the system.

Some of those protections do not necessarily make as much sense today, as ProPublica discusses in “How Senior Daddies — Like Donald Trump — Are Eligible for a Social Security Bonus.”

One of these old protections is something that even very wealthy people, like President Trump, can take advantage of. People who receive Social Security benefits with minor children as dependents can get extra benefits. In the President’s case, that could amount to an extra benefit of about $15,000 a year, until his son Barron grows up.

It is not known if the President is getting this bonus or if he is even taking Social Security benefits at all. If he does take it, he joins the 1.1% of people on Social Security who also get this bonus.

When Congress gets around to reforming Social Security, this is the type of old rule it might want to revisit, to see if it still makes sense.

Reference: ProPublica (March 2, 2018) “How Senior Daddies — Like Donald Trump — Are Eligible for a Social Security Bonus.”

Hear From Our Clients

I heard Cindy’s presentation at a Senior Luncheon at my church, and was very impressed. She helped my daughter and me understand many aspects of elder law. Josh has also been very helpful in my planning to enter an independent living situation . I have told many friends about them.

- Charlotte

The very best elder law attorney and staff anyone could ever ask for! I have referred a number of clients to Cindy and she never disappoints. She is kind, caring, and extremely thorough in making sure everything is completed as it should be. I highly recommend Cindy for anyone needing lawyer services; she truly goes above and beyond for every client she helps and has had a huge impact in so many peoples’ lives. Thank you, Cindy and staff, for everything that you do- I’m so glad to know you!

- Kerri

Cindy and the Nelson Elder Care Law team are trustworthy and helpful. They are the experts in elder care law. At Leaf Cremation, we entrust our families to the care of the Nelson team when their services are needed.

- Pierce

Josh Nelson, and his staff, have been amazingly helpful to our family. The ins and outs of nursing homes, the rules and regulations that govern Medicare and Medicaid are daunting and the folks at Nelson Elder Care Law have been informative, responsive, and above all, empathetic. I cannot emphasize enough how their service has taken a weight off of our shoulders especially during a world pandemic that has targeted nursing homes across our country. I highly recommend retaining Josh and his firm!

- Marcia

I had a simple legal question to them that I needed answered and they very helpful in giving me the information I needed. I highly recommend them and will reach out to them if I need more advice or assistance. Thank you for taking your time to just answer a couple of questions I had!

- Ben