Claiming Social Security divorced-spouse (or ex-spouse) benefits is important for several reasons:
Yes, if you meet the following criteria:
If your marriage lasted less than 10 years, any spousal benefits are unavailable.
If you were married to your spouse for at least 10 years, the maximum you can receive in divorced-spouse benefits is 50% of your former partner's primary insurance amount — the monthly payment he or she is entitled to at full retirement age (FRA).
The earliest you can apply for divorced-spouse benefits is three months before your 62nd birthday.
You can file for Social Security ex-spouse benefits the following ways:
In order to be eligible, you may need to provide the following documents:
In most situations, no, you cannot. You can only file a “restricted application” to claim ex-spousal benefits alone and postpone claiming your retirement benefits if:
Social Security ex-spouse benefits require a lot of paperwork and typically take time to process and be approved by the Social Security Administration (SSA). Thus, it is recommended that individuals who are going through a divorce consult with a qualified attorney or financial advisor before submitting any information to the SSA. You want to make sure that all of the required documents and forms are completed accurately and timely to receive the Social Security divorced-spouse benefits you are eligible for.
Questions and/or interested in how this applies to your financial life?
Email us here: email@example.com.