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 a Homemaker Collect Social Security Benefits?
Q: My wife has been a homemaker our entire marriage for 35 years. Will she be eligible for social security when she reaches the age of 65, even though she did not have a paying job outside of the home? A: Yes, non-working spouses can collect Social Security. Homemakers can qualify for Social Security spousal […]
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 […]