I'm going through my annual "checkup" of finances where I plug all of my numbers into a spreadsheet covering everything. It's like a financial analysis with all sorts of sims and projections.
One of the things I am looking at now (with a baby under the age of 1) is the insurance and "worst-case scenario" tab.
I went to ssa.gov and looked at all of my info, and one thing it has under the "Survivor" section of estimated benefits is the amount of money my child would receive and the amount of money my wife would receive if I were to die.
Those two numbers are identical. Is that just a coincidence? Or is it just one payment of $X to each of them (and not $X to my wife and then $X to my child IN ADDITION to my wife)?
Just looking for clarification!