Tag: Spousal Social Security Benefit
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Here’s Why, Even Being Married, You May Not Receive a Spousal Social Security Benefit
Marrying a qualified worker is the sole way to be qualified for a spousal Social Security benefit. That person is one who has put in enough time at work to accrue 40 work credits, or around ten years, or more. However, qualifying for and receiving a spousal benefit are 2 separate things. We’ll examine more closely…
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Spousal Social Security Benefit Set to Increase in 2024: COLA Boosts Retiree Checks, but Disparities Remain
This increase extends beyond retired workers, as individuals claiming benefits on a worker’s record, including spouses, will also witness a growth in their checks. Retired individuals are set to receive an above-average boost in their spousal Social Security benefits, thanks to the latest cost-of-living adjustment (COLA) The average spousal social security benefit is poised to…