Can You Collect on Your Ex-Spouse’s Social Security?
Divorce can be a complex and challenging process, and one of the many questions that arise during this time is whether or not you can collect on your ex-spouse’s Social Security benefits. Understanding the rules and regulations surrounding this matter is crucial to ensure that you receive the benefits you are entitled to. In this article, we will explore the factors that determine your eligibility to collect on your ex-spouse’s Social Security benefits and provide you with the information you need to make informed decisions.
Eligibility Requirements
To be eligible to collect on your ex-spouse’s Social Security benefits, you must meet certain criteria. First and foremost, you must have been married to your ex-spouse for at least ten years. Additionally, you must have been divorced for at least two years before you can begin collecting benefits. If you remarried before the age of 60, you may still be eligible to collect benefits from your ex-spouse, but you must have been married for at least ten years to that previous spouse.
Benefits Calculation
If you meet the eligibility requirements, the amount of Social Security benefits you can collect from your ex-spouse is based on their earnings record. Your benefit amount will be calculated as a percentage of your ex-spouse’s primary insurance amount (PIA), which is the amount they would receive at full retirement age. This percentage is typically 50% of your ex-spouse’s PIA, but it may be higher or lower depending on your own earnings history.
Benefits Timing
You can begin collecting benefits as early as age 62, but doing so will result in a reduced monthly payment. If you wait until your full retirement age, which is between 66 and 67 depending on your birth year, you will receive the full benefit amount. However, if you choose to wait until age 70, you can receive delayed retirement credits, which will increase your monthly benefit amount.
Divorce and Remarriage
If you remarry after age 60, you may still be eligible to collect benefits from your ex-spouse, but the amount you receive may be affected. If you remarry before age 60, you will not be eligible to collect benefits from your ex-spouse, regardless of the length of the marriage.
Conclusion
Understanding your eligibility to collect on your ex-spouse’s Social Security benefits is essential to ensure that you receive the financial support you deserve. By meeting the eligibility requirements, you can potentially receive a portion of your ex-spouse’s Social Security benefits, which can provide additional income during your retirement years. It is important to consult with a financial advisor or Social Security representative to determine the best course of action for your specific situation.
