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The working spouse’s Social Security benefits significantly contribute to their combined retirement income, making it imperative that they both understand and effectively manage their spousal ...
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 ...
Here are four situations that may reduce your federal retirement non-disability benefits: Age. Benefits may be reduced if you retire before the age of 62.
However, your spouse doesn't have to be at his or her full retirement age before you can claim spousal Social Security benefits. Also, your spouse can receive either retirement or disability ...
The FERS annuity is structured to provide employees an incentive to continue working for at least 20 years in Federal service and until age 62 (which is also the earliest age at which a FERS employee can collect Social Security benefits), since employees retiring at or after age 62 with 20 years of service or more have the annuity calculated at ...
But there's no financial incentive to delay a spousal benefit claim past full retirement age. With spousal benefits, if you file at full retirement age, the most you can get is 50% of the monthly ...
Image source: Getty Images. 1. You can't grow a spousal benefit. Your spousal Social Security benefit has a maximum value -- 50% of your current or ex-spouse's benefit at their full retirement age ...
“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 ...
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