News

Receiving a Social Security benefit reduction notice can be alarming for retirees who rely on these checks for financial ...
Therefore, your spousal benefit depends on a few factors, including how much your spouse's full Social Security retirement benefit will be and your age when you apply for benefits. According to the ...
Spousal Social Security benefits can be complex, but understanding them can help maximize your retirement income.
Many people view Social Security as a plan that forces individuals to save for their retirement. That view is mostly correct.
Spousal benefits allow you to claim up to 50% of your spouse's Social Security benefit. Divorce doesn't prevent you from ...
As a spouse, you can claim Social Security benefits based on your own earnings history or collect a spousal benefit that’s up to 50% of your spouse’s Social Security benefit. You don’t get both.
Social Security benefits for a nonworking spouse are permanently reduced by 25/36 of 1% (or almost 0.70%) for each month before reaching FRA. This reduction applies if you’re reaching full ...
Social Security spousal benefits can be a great option for couples with notably different earnings histories. ... benefits are reduced by 5/9 of 1% each month before their FRA, up to 36 months.
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 provide additional inflation-protected retirement income for married couples. As of the latest data from the Social Security Administration (SSA), nearly 2 million people ...
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 retirement age applies ...
Spousal benefits can provide additional inflation-protected retirement income for married couples. As of the latest data from the Social Security Administration (SSA), nearly 2 million people ...