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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 ...
Data source: Social Security Administration. 2. How your spouse's claiming strategy impacts your spousal benefits. One key detail about spousal benefits is that in order to be eligible, your ...
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 ...
Image source: Getty Images. 1. You don't need to still be married to claim spousal benefits. You might assume that if you're no longer married to your spouse, you're not eligible to collect Social ...
So here's one Social Security tip you might not be aware of: If someone is planning to collect a spousal benefit on your work record, it's rarely worth waiting beyond that person's full retirement ...
The Military Spouses Residency Relief Act (MSRRA) signed into law on November 11, 2009, was originally introduced by Congressman John Carter (Texas) during the 110th United States Congress. The MSRRA was written to amend the Servicemembers Civil Relief Act (SCRA) to include protection of military spouses, with regards to voting, property and ...
“The best strategy to claim Social Security retirement benefits as a spouse is to wait until you reach normal retirement age, 65 to 67, depending on birth year,” says Lindsay Malzone, a ...
Some people confuse Social Security spousal and survivor benefits. Survivor benefits are those that apply once a spouse passes away, and they equal 100% of the amount your spouse was collecting ...