Will Your Spousal Benefit Increase? Insights on Social Security
Friday, 9 August 2024, 10:31
Social Security and Spousal Benefits
If you are turning 70, you might be wondering if your wife will receive a boost in her spousal benefit. Qualifying for spousal benefits can significantly impact your spouse's financial security.
Eligibility for Spousal Benefits
- Wives can qualify for benefits based on their husband's earnings.
- The payment amount depends on various factors including the husband's claiming age.
Maximizing Benefits
It's essential to explore your options fully. Consider consulting a financial planner to ensure the maximum benefit is achieved.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.