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Image source: Getty Images. 1. How your claiming age impacts your benefit. Just like when applying for personal retirement benefits from Social Security, when you claim spousal benefits can have a ...
Can you claim spousal Social Security benefits before reaching your own full retirement age? Sure. However, your benefits will be reduced by 25/36 of 1% for each month you receive benefits before ...
In many cases, a retiree's spouse can qualify for Social Security benefits simply because their partner does. Spouses can qualify for up to one-half of a retiree's benefits at their full ...
Data source: Social Security Administration. Calculations by author. For each month before your full retirement age that you claim your spousal benefit, that benefit is reduced by 25/36 of a ...
Image source: Getty Images. 1. Your spouse must qualify for Social Security retirement benefits. You cannot claim spousal benefits on your partner's work record unless they have a work history ...
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 ...
Then, the Social Security Administration would pay you your $1,000 monthly benefit, plus $500 of your spousal benefit for a total of $1,500 per check. 3. How your claiming age affects your checks
Retirement Benefits. Spousal Benefits. If you claim more than 36 months under your FRA. Checks shrink by 20% plus 5/12 of 1% per month. Checks shrink by 25% plus 5/12 of 1% per month
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