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Image source: Getty Images. 1. Spousal benefit eligibility requirements. People often think that you become eligible for spousal Social Security benefits on your partner's work record as soon as ...
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 ...
Image source: Getty Images. 1. When your spouse claims benefits can matter a lot. It's no secret that one spouse can claim Social Security retirement benefits based on the other spouse's earnings ...
Although Social Security rules are gender-neutral, spousal benefits are disproportionately paid to women. [60] Because of trends in marriage and workforce participation, retirement benefits are projected to become increasingly important for women, but spouse and survivor benefits will remain common. [61]
Social Security is a key part of your financial security in retirement, but it's also complicated. In particular, dealing with the complex rules that govern benefits for married couples can take a ...
Prior to the enactment of DOMA, the GAO identified 1,049 federal statutory provisions [2] in which benefits, rights, and privileges are contingent on marital status or in which marital status is a factor. An update was published in 2004 by the GAO covering the period between September 21, 1996 (when DOMA was signed into law), and December 31, 2003.
While marriage doesn't reduce your Social Security benefits, the timing of when you claim them does. ... Additionally, the spousal benefit will be reduced if you claim before reaching full ...
1. Social Security's "do-over" Some people might think that once they begin collecting Social Security retirement benefits before their full retirement age (FRA), it's an irrevocable decision ...