• Question
  • how can I maximize my retirement income. Should I include/calculate the value of my ex-husband's

    Asked by a 68 year old woman from Gaithersburg, MD on 11/27/2012

    how can I maximize my retirement income. Should I include/calculate the value of my ex-husband's Soc. Sec. ?

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  • Categories: Retirement Planning, Retirement Income, Social Security

Answers

  • Editorial 

    Editorial 
    NewRetirement

    San Francisco, CA

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  • Yes. A person can receive benefits as a divorced spouse on a former spouse‚Äôs Social Security record if he or she:

    Was married to the former spouse for at least 10 years;
    Is at least age 62 years old;
    Is unmarried; and
    Is not entitled to a higher Social Security benefit on his or her own record.

    If you contact Social Security directly, then they will be able to advise you on how to maximize your benefits. They can help you compare what your own Social Security income would be verses claiming your ex husband's. (Contact information available here: https://www.newretirement.com/social-security-marketplace.aspx )

    The above information is from the Social Security web site:
    http://ssa-custhelp.ssa.gov/app/answers/detail/a_id/299/~/qualifying-for-divorced-spouse-benefits

    We hope you continue to use NewRetirement as a valuable resource for all of your retirement questions and concerns.
    Sincerely,
    http://www.NewRetirement.com

  • Login to rate this answer:   Answered on 11/30/2012
**All above answers are provided as general information only. No warranty is made regarding the fitness or accuracy of the information provided in this answer. You should seek advice from a licensed CPA, attorney or CERTIFIED FINANCIAL PLANNER™ as to your unique financial situation.