How Social Security Benefits Work When Only One Spouse Works.
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When only one spouse works, the couple may be able to take advantage of Social Security benefits. This can be a great way to ensure financial security in retirement, but it is important to understand how these benefits work and how to maximize them.

When one spouse works and the other does not, Social Security benefits are based on the working spouse’s earnings record. The non-working spouse is not eligible for Social Security benefits based on their own earnings record. However, the non-working spouse may be eligible for spousal benefits.

Spousal benefits are based on the working spouse’s Social Security earnings record. The non-working spouse is eligible for up to 50% of the working spouse’s Social Security benefit. The non-working spouse must be at least 62 years old to qualify for spousal benefits.

In addition, the non-working spouse may be eligible for survivor benefits. If the working spouse dies, the non-working spouse may be eligible for up to 100% of the working spouse’s Social Security benefit. The non-working spouse must be at least 60 years old to receive survivor benefits.

It is important to note that spousal and survivor benefits are not available until the working spouse begins collecting Social Security benefits. This means that the non-working spouse cannot begin collecting spousal or survivor benefits until the working spouse begins collecting their own benefits.

It is also important to note that spousal and survivor benefits do not increase if the working spouse delays collecting Social Security benefits. This means that if the working spouse delays collecting benefits until age 70, the non-working spouse will not receive a higher spousal or survivor benefit.

Finally, it is important to remember that spousal and survivor benefits are subject to income taxation. The non-working spouse may need to pay taxes on any spousal or survivor benefits they receive.

When only one spouse works, Social Security benefits can be a great way to ensure financial security in retirement. However, it is important to understand how these benefits work and how to maximize them. By understanding the rules and regulations surrounding Social Security benefits, couples can ensure they are getting the most out of their Social Security benefits.