3 time-sensitive money tasks for new widows and widowers

A 2020 study for the Federal Reserve Bank of Chicago found income for survivors dropped an average of 37% in the three years after a spouseÇ ® s death compared with the three years prior. You may have to figure out how to get by without your spouseÇ ® s paycheck or, if you were both receiving Social Security, how to live on a smaller benefit. If you have minor…