Claiming Social Security Spousal Benefits? This Is the 1 Thing You Can't Afford to Get Wrong.
There's one specific rule too many people risk botching.
Overview
If you don't have much of a work history, you may be in line for a modest monthly Social Security benefit -- if you even qualify for benefits at all. But in that case, you may still have options. If you're married or an eligible divorcee, you may be entitled to receive spousal benefits from Social Security.
Spousal benefits can be a valuable source of retirement income. But there's one key claiming rule that tends to trip people up. And it's important to understand the nuances so you don't end up filing for spousal benefits at the wrong time.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
- There’s good and bad news if you want to copy JPMorgan’s new AI agent that outperforms the 60/40 portfolio
- The Smartest Artificial Intelligence (AI) Investment Moves to Make With $5,000 in July
- It's Been Over 7 Weeks, and Fed Chair Kevin Warsh Has Failed to Make Any Headway on a Key Central Bank Reform