Spouses of retirees who are eligible for Social Security benefits may also receive benefits through their partner’s earnings. This spousal benefit helps those who may not qualify for Social Security independently but have a partner who meets the criteria. In September, nearly 1.9 million individuals received this benefit, with average annual payouts totaling around $10,908. Here are some essential points about spousal benefits.
1. Qualification and Benefit Amount
The spousal benefit is available to individuals married to someone who qualifies for Social Security. Generally, to qualify independently, a worker must accumulate at least 40 credits (approximately ten years of work). However, those married to a qualified worker can claim spousal benefits starting at age 62, with early claims reducing the benefit amount. At full retirement age (FRA), typically 67, a spouse can receive up to 50% of their partner’s benefit.
2. Eligibility Even with Work History
A spouse with their own work record can still benefit from the spousal benefit if it exceeds their own Social Security amount. This process is called “deemed filing.” For instance, if your retirement benefit is $750 but your spousal benefit is $1,000, Social Security will pay $750 from your account and add $250 to match the spousal amount.
3. Divorce and Spousal Benefits
A divorced spouse can receive benefits if the marriage lasted at least ten years, provided they remain single. If the former spouse remarries, they can still receive spousal benefits if eligible.
The Social Security spousal benefit highlights the importance of policies that uphold traditional family structures and support spouses in retirement. That’s it’s paramount that we preserve Social Security for future generations, underscoring the importance of policies that enable financial stability for retirees and their spouses. Policies that candidates like President Trump make a priority, unlike his Democratic opponent. Be sure to go out and vote to Make America Great Again!
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