Social Security is the cornerstone of many Americans’ retirement finances. The income it provides can be the difference between being able to enjoy your golden years and not having enough money to make ends meet. For some, the program’s spousal benefits option can significantly boost a household’s Social Security income. Those benefits can be worth […]
Fact-Checked by: Jeff White | Edited by: Mike Obel A couple looks at their Social Security benefits If you’re grappling with the best way to plan for your retirement, understanding how to maximize your Social Security spousal benefits is a significant piece of the puzzle. These benefits can substantially influence your retirement income, and becoming […]
Spousal benefits are worth up to 50% of the higher earning spouse’s benefit at full retirement age. When you file for Social Security, your spouse becomes eligible for payments known as spousal benefits. However, they won’t receive these payments automatically. Instead, they must file with the Social Security Administration, whether they’re receiving their own retirement […]
PARIS (AP) — Candidates were racing to register before a Sunday evening deadline in snap parliamentary elections that are redrawing France’s political landscape, with a left-wing alliance newly formed to counter the surge of the far right losing, in the final hours, a prospective lawmaker previously convicted for spousal assault. Adrien Quatennens announced the withdrawal […]
A woman embraces her husband after he filed for spousal benefits from Social Security. Understanding the nuances of spousal benefits is crucial to maximizing your household’s Social Security payments. For example, if you’re set to collect $3,500 per month from Social Security at full retirement age, your spouse may be eligible to receive $1,750 based […]
Although millions of seniors today receive monthly benefits from Social Security, those payments aren’t a given. Generally, in order to receive Social Security, you have to work and pay taxes into the program. But Social Security also takes care of the spouses of its recipients. So even if you never worked a day in your […]
Financial advisor and columnist Michele Cagan My wife is 76, born in 1948. She retired at full retirement age and currently collects $1,076 per month. I will be retiring and start collecting at 70 this year (I was born in 1954). When I collect $4,000+ per month does her monthly payment go up to spousal […]
May 3—CONTINENTAL — Sarah Tucker reported her husband to law enforcement and prosecutors. She got the same response each time. “‘I believe you, but there’s nothing I can do,’” Tucker recalls authorities telling her. “At the time, I didn’t realize there was this loophole in Ohio — that marital exception, that archaic loophole.” What Tucker […]
Andrii Zastrozhnov / Getty Images/iStockphoto For decades, a Social Security spousal rule has allowed recipients to switch between their benefits and their spouse’s to receive the maximum amount. That rule is scheduled to end this year for everyone except those who turned 70 on Jan. 1, 2024, which means you won’t be able to take […]
Wendy Williams’ ex-husband Kevin Hunter is asking for nearly two years of unpaid spousal support from his ex-wife following her recent diagnosis of frontotemporal dementia and aphasia. Williams’ ex-husband Kevin Hunter filed the motion in the New Jersey Superior Court on March 12. In it, his legal team argues Williams owes Hunter nearly two years […]
Wendy Williams’ ex-husband Kevin Hunter is asking for nearly two years of unpaid spousal support from her after she was recently diagnosed with frontotemporal dementia and aphasia. Hunter filed the motion in the New Jersey Superior Court on Tuesday. His legal team argues that Williams owes him support she has yet to pay following their […]
As retirement approaches, many couples grapple with a crucial financial decision: when to start collecting Social Security benefits. Consider the hypothetical case of Jane and John, who are facing this dilemma. Don’t Miss: Meet Jane And John Jane is 58 years old, and her husband John is 64. They’ve worked hard throughout their lives and […]