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Social Security is an essential tool for ensuring financial stability for older Americans. The program provides benefits not only to individuals, but also to spouses and ex-spouses. For those who have gone through a divorce, it’s important to understand Social Security’s spousal benefits.

First and foremost, spousal benefits are only available to those who were married for at least ten years before divorcing. Additionally, the individual must be at least 62 years old to start collecting spousal benefits. If the ex-spouse has remarried, they are not eligible for spousal benefits based on their former spouse’s work record.

Spousal benefits are calculated based on the work history of the ex-spouse. If the ex-spouse worked for at least ten years, the former spouse is entitled to 50% of the ex-spouse’s Social Security benefit. This amount can be claimed even if the ex-spouse is not yet claiming their own Social Security benefit.

It’s worth noting that the ex-spouse’s claiming of the spousal benefit does not impact the ex-spouse’s own benefit. The ex-spouse could be claiming early retirement benefits and still allow their former spouse to claim the spousal benefit based on their work record.

There are some caveats to the spousal benefit. If the ex-spouse starts collecting their own Social Security benefit before reaching full retirement age, their spousal benefit will be reduced. Additionally, the ex-spouse cannot claim both their own benefit and the spousal benefit at the same time. They will receive whichever benefit is greater.

If the ex-spouse has passed away, the surviving divorced spouse may be entitled to spousal survivor benefits. The same requirements for ten years of marriage and reaching age 62 apply. The survivor benefit is equal to 100% of the deceased ex-spouse’s benefit.

In conclusion, Social Security spousal benefits for divorcees can provide valuable support in retirement. It’s important to understand the eligibility requirements and the impact of other Social Security benefits that may be in play. Working with a financial advisor can help individuals navigate the complicated Social Security system and optimize their benefits.