Social Security Benefits for Spouses: 4 Things Retired Couples Need to Know
Social Security benefits for spouses are a common source of confusion. A recent survey found that nearly 30% of Americans nearing retirement are unaware that spouses can claim Social Security based on the work record of a partner. The same survey found that almost 50% of Americans nearing retirement are unaware that divorced spouses can still claim Social Security on the work record of their ex-partner.
Those knowledge gaps could be problematic, because Social Security is typically a major source of cash flow in retirement. Here are four things retired couples need to know about Social Security benefits for spouses.
Source Fool.com