Key Insights on Spousal Social Security Benefits for Retired Couples

Reported about 2 months ago

Married couples should understand the intricacies of spousal Social Security benefits to maximize their retirement income. Eligibility requires being married (or formerly married) for specific periods, and benefits can amount to up to 50% of a spouse's primary insurance amount if claimed at full retirement age. Special cases exist for divorced individuals, those caring for qualifying children, and widowers, making it essential to strategize on claiming options together or consult a financial advisor for optimized financial planning.

Source: YAHOO

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