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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 ...
Spousal benefits can be significant, and eligible recipients can claim up to half of the amount of their spouse's full retirement benefit. The average monthly Social Security income is $1,884 for ...
Close to 70 million Americans will receive a Social Security check in 2025, with benefits making up nearly one-third of older adults' retirement income, according to the Social Security ...
“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 ...
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 ...
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 ...
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 ...
Your spousal Social Security benefit has a maximum value -- 50% of your current or ex-spouse's benefit at their full retirement age. If you claim your spousal benefit early, it'll be reduced, the ...
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