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Qualification 1: You're married to someone who qualifies for Social Security. In simple terms, Social Security spousal benefits exist to provide retirement income for couples for whom one spouse ...
Spousal benefits are reduced by 25/36 of 1% each month before your full retirement age, up to 36 months. Each month after that further reduces spousal benefits by 5/12 of 1% monthly. For example ...
Retirement benefits may be the most well-known form of Social Security, but there are many different types of benefits available. Married couples could be entitled to extra money each month via ...
The benefits of marriage don’t stop at love and companionship. In some situations, marriage can result in more Social Security. If you stay married for at least 10 years, those benefits can last ...
The worker must qualify for Social Security retirement benefits. This requirement is the same as for currently married spouses. You and the worker were married for at least 10 years before divorcing.
Here are some key rules to follow. 1. If you're married, you can't file until your spouse claims Social Security. If you're someone who's divorced, you don't need to wait for your ex to claim ...
When you apply for Social Security, you automatically apply for the greater of your benefit or half your spouse’s benefit. The average monthly payout for all retired workers was $1,918 in June ...
The good news, though, is that Social Security will pay you the higher of your own monthly benefit or a spousal benefit. So if you're only eligible for $1,500 a month in Social Security but your ...
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