- Claiming spousal benefits allows you to receive up to 50% of your spouse’s benefit, even if you’re divorced or have a child in your care.
- Social Security can be complex, but knowing the rules for married couples can help you maximize your benefits.
- Claiming spousal benefits early reduces the amount you receive, with reductions based on your age compared to your full retirement age.
- Spousal benefits do not receive delayed retirement credits, so there’s no need to delay claiming them.
- Spousal benefits are converted to survivor benefits if your spouse passes away, increasing your benefit amount.
Read more at Nasdaq: 5 Little-Known Social Security Rules All Married Retirees Should Know