Can I Collect Divorced Spouse Social Security?
Divorce can be a challenging time for many individuals, and it often raises questions about financial matters, including the possibility of collecting Social Security benefits from an ex-spouse. If you are considering whether you can collect divorced spouse Social Security, this article will provide you with the information you need to understand your options and rights.
Eligibility for Divorced Spouse Social Security Benefits
To be eligible for divorced spouse Social Security benefits, you must meet certain criteria:
1. Marriage Duration: You must have been married to your ex-spouse for at least 10 years.
2. Divorce Status: You must have been divorced for at least two years.
3. Age Requirement: You must be at least 62 years old.
4. No Current Spouse: You cannot be currently married or living with someone as if you are married.
5. Ex-Spouse’s Benefits: Your ex-spouse must be entitled to Social Security benefits, or you must be eligible for benefits based on your own work history.
Understanding the Benefits
If you meet the eligibility requirements, you have two options for collecting divorced spouse Social Security benefits:
1. Divorced Spouse’s Benefit: This option allows you to receive benefits based on your ex-spouse’s work record. The benefit you receive will be a percentage of your ex-spouse’s full retirement age (FRA) benefit amount. The percentage depends on the length of your marriage and the age at which you begin receiving benefits.
2. Survivor’s Benefit: If your ex-spouse passes away, you may be eligible for survivor’s benefits. These benefits are also based on your ex-spouse’s work record and can be a valuable source of income during retirement.
Important Considerations
Before deciding to collect divorced spouse Social Security benefits, there are several important considerations to keep in mind:
1. Benefits Calculation: Your benefit amount may be reduced if you begin collecting benefits before reaching your FRA. The reduction percentage increases with each month you collect early.
2. Deeming Rules: If you are married or living with someone, the Social Security Administration may consider your spouse’s income when calculating your benefits.
3. Work History: If you have a work history that entitles you to your own Social Security benefits, you may want to compare the benefits you would receive from your own record versus those from your ex-spouse’s record to determine the best option for you.
Seeking Professional Advice
Navigating the complexities of Social Security benefits can be overwhelming. It is advisable to consult with a financial advisor or Social Security representative to help you understand your options and make the best decision for your unique situation.
In conclusion, if you meet the eligibility requirements, you can collect divorced spouse Social Security benefits. However, it is crucial to carefully consider your options and seek professional advice to ensure you make the most informed decision for your financial future.
