Many couples don’t realize the importance of claiming decisions until it’s too late ...
To better understand their potential benefits and financial risks in retirement, both spouses should be aware of some benefits planning realities.
Losing a spouse is already an overwhelming emotional experience, but the financial consequences can be equally devastating. One of the biggest surprises surviving spouses face is the "widow's penalty, ...
You can receive up to 50% of your spouse's primary insurance amount by claiming spousal benefits. You must be at least 62 ...
ROCHESTER, N.Y. — A new bill could boost Social Security benefits for widowed and surviving divorced spouses. Senator Kirsten Gillibrand introduced the Surviving Income Fair Treatment (SWIFT) Act in ...
At 66, losing a spouse forces a complete financial reset. A Reddit user shared her mother-in-law Linda’s situation: newly ...
Make sure you understand how to maximize your benefits. Figure out how important survivor benefits might be to you. See how Social Security fits into your overall retirement finances. Deciding when to ...
In addition to retirement benefits, some retirees can collect spousal, divorce, or survivors benefits. Some retirees could earn hundreds of dollars more per month with this type of Social Security.
For married couples with unequal historical earnings, it may make sense for the lower income spouse to file for Social Security benefits early or before the higher earner. Ultimately, deciding when to ...