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Image source: Getty Images. Qualification 2: You're at least 62 years old. Just like Social Security retirement benefits, you generally must be at least 62 to claim a spousal benefit.The same full ...
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 ...
As it is with regular Social Security benefits, you don't have to claim spousal benefits at your full retirement age; you can claim starting at age 62, but your monthly benefit will be reduced ...
The fiscal year 2010 president's budget request for a 2.9% military pay raise was consistent with this formula. However, Congress, in fiscal years 2004, 2005, 2006, 2008, and 2009 approved the pay raise as the ECI increase plus 0.5%. The 2007 pay raise was equal to the ECI. A military pay raise larger than the permanent formula is not uncommon.
Image source: Getty Images. 1. You don't need to still be married to claim spousal benefits. You might assume that if you're no longer married to your spouse, you're not eligible to collect Social ...
The maximum amount of earnings subject to the Social Security payroll tax will increase to $168,600 in 2024 from $160,200 in 2023, which will mainly impact those with high salaries. Workers pay a ...
But a handful of little-known "Social Security secrets" could help ensure a boost in your retirement income. For example: one easy trick could pay you as much as $ 22,924 more... each year! Once ...
To be clear, the maximum spousal benefit you can get is 50% of your spouse’s benefit at their full retirement age. Your spouse may decide to file for Social Security at 70 for a larger monthly ...