Claiming Social Security When You're Married Can Be Complicated. Here's How to Sort it Out
One of the benefits of being single is not having to consider another person's needs in the course of making financial decisions. Want to spend $65,000 on a sports car? There's no one you share a bank account with to tell you no. Want to take a sudden trip? You don't need to ask anyone's permission.
Similarly, being single can work to your advantage in a very big way when it comes to claiming Social Security. That's because when you're single, you only need to consider your personal needs in the course of choosing a filing age.
When you're married and are gearing up to claim Social Security, the stakes can be higher. That's because your filing choice might not only impact you financially, but your spouse as well. And that's why it's essential to talk things through with your partner before signing up to take benefits.
Source Fool.com
