Social Security Considerations in Divorce
For divorcing couples, if proper planning is not done regarding Social Security, the result can be significant.
June 10, 2015 at 08:34 PM
9 minute read
In and of itself, Social Security stands as one of the most complex areas in planning—let alone divorce settlement planning—yet most people downplay its importance. For divorcing couples, if proper planning is not done, the result can be significant. Within this article, we will present the basic rules, some comparisons between married and divorced couples, and a few helpful hints. With over 2,700 rules governing retirement benefits, and 567 possible filing strategies available to a typical couple, this article will only touch upon some of the more common issues and questions. Of course, nothing that we do is ever typical.
Let's start with a few basic rules for a divorced spouse to receive spousal benefits on the former spouse's earnings.
(1) The couple must have been married for a minimum of 10 years.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Trending Stories
- 1The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 2Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 3The 'Biden Effect' on Senior Attorneys: Should I Stay or Should I Go?
- 4'That's Disappointing': Only 11% of MDL Appointments Went to Attorneys of Color in 2023
- 5'You Are Not Alone': 120 Sex Assault Victims Plan to Sue Sean 'Diddy' Combs
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250