IF you get divorced, you can claim thousands of dollars worth of Social Security retirement benefits from your ex-spouse.
But the timing of a divorce can make a major difference in your marriage benefit you are eligible to receive, according to financial planning experts.
If your marriage lasted ten years or longer, you may be able to get benefits from your ex-spouse.
According to the Social Security Administration (SSA), you can get benefits from an ex-spouse if they have remarried – but you must be unmarried.
To receive benefits, your ex-spouse must have received Social Security retirement or disability benefits.
To qualify, the benefits you’ll receive based on your own work must be less than half of the benefits you’ll receive based on your ex’s work.
Another eligibility requirement is that you are 62 years of age or older.
Follow US Census Bureau, divorce rates are highest for those aged 55 to 64.
Spouse benefits are valued at up to 50 percent of the maximum retirement benefit.
Receiving benefits on an ex’s record will not reduce the amount they or their current spouse will receive.
Under the SSA, if your ex-spouse hasn’t filed for retirement benefits but is eligible, you can get benefits on your Social Security record if you’ve been divorced for at least two years in a row.
You can use SSA’s retirement income checker calculator to see how your ex-spouse’s benefits income will affect your payments if you’re still working.
If you also receive a pension based on work not covered by Social Security, such as government work, your Social Security benefits on file may be affected.
Apply online through Application for Medicare retirement/benefits for retirement, spouse, divorced or Medicare benefits.
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https://www.the-sun.com/money/4475304/divorced-social-security-retirement-benefits/ Thousands of Social Security Payments Can Be Offered If You’re Divorced