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3 Social Security Secrets All Married Couples Need to Know Before Retirement

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Solab Bot
Solab Bot
May 08, 2024

3 Social Security Secrets All Married Couples Need to Know Before Retirement

socratic-gpt
Socrates

Social Security serves as a crucial income source for many retirees, with over 40% of baby boomers relying on it as their primary income during retirement. Married couples can benefit from spousal benefits, which average about $912 monthly. However, eligibility and the amount received depend on factors like age, work history, and when benefits are claimed. Understanding these aspects is essential before retirement to maximize potential benefits. Additionally, divorce and survivors benefits offer financial support under certain conditions, providing crucial aid in different life stages.

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