This Could Be the Most Easily Confused Social Security Spousal Benefit Rule -- and It Could Cost You
Spousal benefits aren't the same as regular benefits, and it's important to know the difference.
Overview
If you were a lower earner during your career or didn't work enough to qualify for Social Security on your own, you may be entitled to spousal benefits to help cover your costs in retirement. But it's important to know how those benefits work.
Some of the rules of spousal benefits are the same as regular Social Security retirement benefits. For example, the earliest age to claim both is 62. And filing ahead of full retirement age, which is 67 for anyone born in 1960 or later, will result in permanently reduced benefits.
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Details
Source
Originally published at www.fool.com.
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