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Here's the Maximum Spousal Social Security Benefit in 2024


Many retired couples rely on their monthly Social Security benefits to help make ends meet. Around half of all households with someone age 65 or older receive at least 50% of their family income from Social Security, according to data compiled by the Social Security Administration. With the government program accounting for such a significant portion of household budgets, it's important for recipients to maximize what they receive from the program.

One benefit for married couples is the Social Security spousal benefit. Spousal benefits can provide a significant boost to overall household income, but they can also complicate Social Security claiming strategies. So it's important to understand how spousal benefits are calculated, when you can claim them, and what the maximum benefit could be.

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Source Fool.com


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