Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Here's How to Tell If You Qualify for Spousal Social Security Benefits


Social Security spousal benefits are designed to provide much-needed retirement income to married couples where one spouse was the primary earner. Situations where one spouse had a particularly high-paying career or where one spouse was a stay-at-home parent are two common examples.

As of March 2024, nearly 1.9 million people received spousal retirement benefits, with an average monthly payment of $911.68. When combined with the average retired worker's benefit of $1,913.31, the typical household that receives a spousal benefit generally gets approximately $2,825 per month (or $33,900 per year) in inflation-protected retirement income from Social Security.

With that in mind, here's a rundown of how to qualify for spousal benefits, some important rules to know, and more.

Continue reading


Source Fool.com


Comments