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Divorced? You Could Increase Your Social Security by $800 per Month


Many older adults rely on Social Security benefits to make ends meet in retirement. In fact, around 37% of men and 42% of women rely on their monthly checks for at least half their retirement income, according to data from the Social Security Administration.

If you expect your benefits to be a substantial source of income throughout your senior years, it's wise to make sure you're earning as much as possible. And if you're divorced, there's one way you could potentially boost your benefit amount by roughly $800 per month: divorce benefits.

Image source: Getty Images.

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Source Fool.com


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