Married or Divorced While Taking Social Security? Here's How It Will Affect Your Benefits.
Social Security benefits are a substantial source of income for many older adults. Among those age 65 and older, 37% of men and 42% of women rely on their checks for at least half of their income, according to data from the Social Security Administration.
Several factors will affect the size of your payments, including your income history, the length of your career, and the age you begin claiming. But your marital status will also have an impact on your benefit amount.
If you're married or divorced, you could be entitled to a special type of Social Security. The average retiree eligible for this type of benefit collects around $912 per month, as of January 2024, so it pays to see whether you qualify.
Source Fool.com
