My wife started collecting Social Security at age 65, but it’s a tiny amount. I am planning on retiring in two years at 65 (67 is my full retirement age). Can my wife collect spousal benefits of 50% of my full retirement benefits once I retire? – James Unfortunately, the likely answer is “no,” although […]
2023 is finally over which means (among other things) Kelly Clarkson can finally stop paying spousal support to her ex-husband Brandon Blackstock! Just in case you forgot the details of their whole very complicated arrangement, back in March of 2022 it was reported that Kelly would be paying Brandon a giant one-time sum of just […]
can i switch from my social security benefit to a spousal benefit Social Security benefits can provide you with a stream of retirement income that is reliable. Deciding when to take benefits is an important question, especially if you’re married and hope to qualify for spousal benefits. If you’re already taking Social Security, you might […]
Getty Images Older couple shocked by a bill — GettyImages Social Security is an essential piece of most Americans’ retirement plans. Roughly half of individuals 65 or older live in households where 50% of family income comes from Social Security. So making sure you’re getting the most from the government program is essential. Married couples […]
Financial advisor and columnist Jeremy Suschak My husband began drawing his Social Security at age 62. He is 68 now (born in 1955), while I am 62 (born 1961). If I begin to draw my Social Security now it will be reduced, of course. Can I collect spousal benefits from him now and then switch […]