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Social Security can go a long way in retirement, and if you're married, you could be entitled to extra cash each month in the form of spousal benefits. The average spouse of a retired worker ...
The Uniformed Services Former Spouses' Protection Act (or USFSPA) is a U.S. federal law enacted on September 8, 1982 to address issues that arise when a member of the military divorces, and primarily concerns jointly-earned marital property consisting of benefits earned during marriage and while one of the spouses (or both) is a military service member. [3]
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...
A qualifying child is the spouse's child under age 16 or who receives Social Security disability benefits. Married at least one year, unless you are the parent of the spouse's child.
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 ...
For example, if spouse A is the primary claimer and their monthly benefit at their full retirement age is $2,000, spouse B (the person claiming spousal benefits) is eligible to receive up to ...
“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 ...
Social Security is taxable for most Americans, but there are ways to minimize the amount of taxes you pay, including some retirement account strategies and common tax deductions. Although it’s ...