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Applying for and receiving spousal benefits is a great way to boost your own Social Security monthly benefit -- sometimes by as much as $800. Even if you never worked, you're eligible for Social ...
For seniors who have been through a divorce, it's important to know the rules regarding Social Security benefits. Although married couples are entitled to spousal benefits, those benefits don't ...
4. Ask Social Security Whose Record Gets You the Best Benefit. Now take that information you gathered about your ex to Social Security so you can figure out whose record will give you the biggest ...
Marriage can affect how you do your taxes, make money and plan for retirement. If your marriage ends, it's important to know the rules regarding divorce and Social Security. Who's eligible for ...
A factor working against wealthier individuals and in favor of the poor with little other retirement income is that Social Security benefits become subject to federal income tax based on income. The portion varies with income level, 50% at $32,000 rising to 85% at $44,000 for married couples in 2008.
You can still get the benefit if you’re divorced, but not if you’re remarried before 60 A survivor can be an ex-spouse if the marriage lasted at least 10 years and the ex-spouse is at least 60 ...
Social Security retirement benefits are based on payroll tax contributions while working, but you don’t necessarily need to be the one working to claim them. A worker’s spouse might also be ...
The allowed Social Security retirement benefit for a spouse starts at 32.5% at age 62 and gradually increases to 50% of the amount that their spouse is eligible to receive at normal or full ...
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