What Happens to Your Social Security If You Get Divorced?

Social Security benefits are a lifeline for millions of older adults, with many people relying on their monthly checks as their main source of income. In fact, around 1 in 5 adults age 50 and older have no other retirement income outside of their benefits, a 2023 survey from the Nationwide Retirement Institute found.

Several factors will influence the size of your checks, such as your income history, the length of your career, and the age you begin claiming benefits. But your marital status will also play a part in how much you receive, especially if you're married or divorced.

Whether you're already divorced or your marriage ends after you retire, here's what to expect when it comes to your Social Security benefits.

Continue reading


Source Fool.com