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Medicare Part B premiums will also increase in 2025, which may have a disproportionate effect on those receiving smaller Social Security checks -- such as those on spousal or divorce benefits.
The Social Security Administration implemented the deemed filing rule to prevent double-dipping. Prior to the rule, if spousal benefits were higher than an individual benefit, the person could ...
There's also a twist to Social Security that allows spouses to claim benefits based on their husbands' or wives' benefits. Spousal Social Security Benefits: 4 Things All Retired Couples Should ...
A Social Security spousal rule that was around for decades ended this year for the last eligible retirees — those who turned 70 on Jan. 1, 2024. The rule allowed recipients to switch between ...
Social Security benefits are going up in 2025 The average spouse of a retired worker collects around $910 per month in benefits, according to data released by the Social Security Administration in ...
Image source: Getty Images. 1. 2.5% cost-of-living adjustment (COLA) All Social Security benefits received a 2.5% increase in January, thanks to the latest cost-of-living adjustment (COLA).
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 ...
In 2025, Social Security will tax wages up to $176,100, up from $168,600 in 2024. The change takes effect in January 2025, though the tax rate on those wages, 6.2 percent, will remain the same.