Many people don't know there are Social Security benefits they could take advantage of thanks to their spouse or ex-spouse. These payments are calculated based on both work histories, and in some cases, even the ex-spouse's. If you want to know if you can claim this money, here we explain everything step by step.
Marriage duration
The first aspect to consider is how long you've been married. In order to receive benefits based on your partner's work history, the marriage generally must last at least one year.
There are exceptions. For example, if you have children together or you already had rights to Social Security or Railroad Retirement benefits. In these cases, the minimum duration may not apply.
Spousal benefits
To apply for this assistance, normally your spouse must be receiving Social Security benefits. This ensures the spousal benefit is valid.
If you're divorced, the rule changes a bit. You can claim your ex-spouse's benefits as long as he or she is at least 62 years old and meets the necessary requirements to receive them. This means that even after a divorce, you could be entitled to thousands of euros.
Age and exceptions
Age is a key factor. The general rule states that you must reach full retirement age to receive the full benefit. For most people born in 1960 or later, this is at age 67.
However, there are exceptions. If you have a child under 16 years old or with a disability who receives Social Security Disability Insurance (SSDI) benefits through your partner, you can apply for the benefits. Also, in these cases, reductions for receiving payments early do not apply.
Consider your own benefits
Your own retirement also plays a role; Social Security first calculates what you're entitled to based on your work history. If the benefit you receive as a spouse is higher, the system adds a supplement to reach the higher amount. This means you could receive more money by combining both work histories.
Other important factors
- If you start receiving benefits before full retirement age, the amount could be up to 50% of the payment your partner receives.
- In cases of divorce, the marriage must have lasted at least 10 years and the divorce must have been in effect for at least 2 years.
- Some legal non-marital unions may also qualify, as long as they meet Social Security requirements.
Many Americans miss out on thousands of euros because they're unaware of these options. Whether you're married or divorced, reviewing your situation can make a big difference in your retirement income.
Applying for these benefits isn't complicated, but it's important to know each requirement and exception. Doing so could mean receiving extra money that will help you live more comfortably and with financial security.