There’s been a lot of talk lately about Social Security filing strategies, specifically strategies around Social Security spouse benefits. And for good reason; one of the many benefits of being married is that you may be able to collect Social Security benefits based on your spouse’s earnings, even if you didn’t work enough to qualify […]
Social Security’s Gift to Married Couples: Spousal Benefits
One of the benefits of being married is the ability to share your spouse’s Social Security benefits. If you and your spouse are getting close to retirement you should know that there are various benefits available to spouses, including divorced or surviving spouses. If you are reading this article, chances are you are already aware […]
Q&A: Can I Collect Spousal Benefits First, Then Switch to My Own Benefit Later?
Q: My husband and I will be 66 in the same month and will each be able to draw Social Security on our own records. My full month amount is equivalent to my drawing one-half of my husband’s monthly benefit. Can I opt to draw one-half of his until I am 70, thereby increasing my […]
Social Security Eligibility: Can a Full-Time Homemaker Collect Social Security?
Spouses who do not work or who have substantially lower earnings than their spouse may be able to collect Social Security benefits based on their spouse’s earnings. Below is a common question about spousal benefits when one spouse is a homemaker.
Social Security Spousal Benefits: Applying for Benefits
Spouses who do not work or who have substantially lower earnings than their spouse may be able to collect Social Security benefits based on their spouse’s earnings. Below is a common question about spousal benefits.