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According to the 2024 Social Security Statistical Supplement, there are about 1.98 million people actively receiving a spousal benefit from Social Security. The average monthly benefit was $890.24 ...
A Social Security spousal rule that was around for decades ended this year for the last eligible retirees -- those who turned 70 on Jan. 1, 2024. ... A spouse’s Social Security benefit is ...
Social Security spousal benefits are based on the PIA of the primary earning spouse. ... Each additional month reduces your benefits by 5/12 of 1%. Under this rule, if your full retirement age is ...
Social Security is a complex program, and the rules of spousal benefits have the potential to be a bit confusing. Take the time to read up on how these benefits work so that you're able to make ...
2. You can receive spousal benefits regardless of your work history. If you qualify for spousal or divorce benefits, the most you can receive is 50% of your spouse's or ex-spouse's full benefit ...
The base spousal benefit is equal to one-half of the higher-earning spouse's primary insurance amount -- i.e., the Social Security benefit they would be entitled to if they claimed at their full ...
For example, if spouse A is the primary claimer and their monthly benefit at their full retirement age is $2,000, spouse B (the person claiming spousal benefits) is eligible to receive up to ...
Claiming spousal benefits from Social Security: How it works ... The exception to this rule of filing early is if a spouse is caring for a child under age 16 or one who is disabled, in which case ...