Not Growing Old Together?
The Golden RuleIt might not be golden but it is the rule by which all matters regarding social security and divorce adhere. If a marriage lasts more than ten years, the lower earning spouse can collect retirement benefits from the higher earning spouse. While precedent still shows that the former tends to be the wife and the latter, the husband, the rule is not gender specific. If a man is the one with the lower learnings, he will collect based on his wife’s earnings.
The Four QualificationsBeyond the ten year limit, there are four more factors that you must consider before benefits can be collected:
- You cannot collect if you have remarried.
- You must be 62 or older.
- You must be eligible for less based on your own earnings before you can collect based on your spouse’s earnings.
- You must already be eligible for Social Security retirement or disability benefits.
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