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As a married couple, many couples rely on each other for financial support, which is especially important during retirement. If one partner was the primary breadwinner during their working years, social security spousal benefits are an important part of that support system. However, if you are divorced, legally separated, or your spouse has passed away, you may be wondering if you are still entitled to spousal benefits.
The answer is yes, but it will depend on a few factors. If you are still married, you will typically be eligible for spousal benefits once your spouse begins collecting social security. You must also be at least 62 years old and have been married for at least one year to qualify.
However, if you are divorced, you may still be able to receive spousal benefits based on your ex-spouse’s social security earnings record. To be eligible, you must have been married for at least ten years and have been divorced for at least two years. You must also be at least 62 years old and currently unmarried.
If you have been married for less than ten years, you may still be eligible for spousal benefits if you are caring for your ex-spouse’s child who is under the age of 16 or disabled.
If your spouse has passed away, you may be eligible for survivor benefits. To qualify, you must have been married for at least nine months before your spouse’s death. If you were divorced, you must have been married for at least ten years and not currently remarried.
The amount of spousal benefits you receive will depend on your individual circumstances. In general, spousal benefits are equal to half of your spouse’s primary insurance amount (PIA). Your PIA is the monthly amount you are entitled to receive at your full retirement age (FRA). For survivor benefits, the amount may be slightly higher.
If you are planning for retirement and relying on spousal benefits, it is important to consider all of your options and to plan for the unexpected. While spousal benefits can be a valuable source of income, they should not be relied on solely. It is important to have a well-rounded retirement plan that includes savings, investments, and other sources of income.
So she will still get her full survivor benefits even though she filed early at 63?? I thought that once you file it can’t ever go up . I am not sure how it works with survivor benefits.
Josh you mistakenly based her spousal benefit off of her record.
her full retirement benefit was $1400 but due to her filing early she is receiving $890 ( a $510 dollar haircut for filing early).
This same $510 dollar haircut will be applied to her spousal benefit if she waits till her full retirement age (67) to file for the spousal benefit. .
The same $510 dollar haircut she took at age 63 will apply to the spousal benefit at her full retirementage. $1400-$510=$890
She will not receive a spousal benefit.
But will her spousal benefit go up to 1/2 of his FRA benefit, no reductions because she started taking hers early, when he starts taking his?