This little-known restricted application rule can significantly boost retirement income for surviving spouses.
A high income could still put you at risk of owing Social Security benefit taxes, though. If you're married or have dependents, they could be entitled to survivors benefits if you pass away.
Fortunately for Anna, she may be able to receive higher benefits based on her ex’s Social Security record, as long as she meets a few key criteria. Survivor benefits are paid monthly to eligible ...
The Government Pension Offset reduces survivor or spousal benefits if a person’s pension is non-covered. GPO affects fewer people, but it cuts the Social Security benefit by two-thirds of ...
While choosing the right timing to apply for Social Security ... benefits credits for benefits based on a spouse's contributions. If your spouse has passed away, you may be eligible for Survivor ...
The first way to be eligible for survivor benefits on February 3 is to have been receiving Social Security since before May 1997. Therefore, February 3 will not be your next payday if you began ...
In most cases, you have to be at least 60 years old to claim survivor benefits. How much of your deceased spouse's benefits you get depends on your age when you claim, just like regular Social ...
1:48 If you’re collecting Social Security Disability Insurance, or SSDI, your mate may be eligible for benefits depending, on his or her age and other factors. 2:07 Survivor benefits are monthly ...