Claiming Spousal Social Security Benefits? 3 Surprising Rules You Should Know.
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 might be planning for one spouse to take spousal benefits. Social Security spousal benefits entitle one spouse to collect benefits based on the earnings record of the other spouse. They might be able to collect a higher benefit than if they claimed based solely on their own work history, providing a nice boost to the family income.
But there are some rules that could surprise you. Here are three to watch out for.
Source Fool.com