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Image source: Getty Images. 1. 2.5% cost-of-living adjustment (COLA) All Social Security benefits received a 2.5% increase in January, thanks to the latest cost-of-living adjustment (COLA).
Married and divorced retirees are often entitled to spousal or divorce benefits, and a new year brings fresh changes to Social Security. Whether you're already collecting Social Security or plan ...
A spouse’s Social Security benefit is directly tied to the payout that the primary beneficiary receives. If your spouse files for benefits at age 62, your spousal benefit will be permanently ...
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 ...
If you wait to take your Social Security benefits until your FRA, you’ll get that $1,000 per month, and the SSA will add the $300 from your spouse’s benefit, so you’ll get $1,300, because ...
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 ...
3. Take advantage of spousal or divorce benefits. If you're married or divorced, you could qualify for spousal benefits based on your partner's work record. Divorced spouses must have been married ...
Image source: Getty Images. 1. You become eligible for a spousal benefit on your new spouse's work record. You probably know that marriage makes you eligible for a spousal benefit on your new ...