Divorce for Seniors: The Impact on Social Security Positive aspects

10 Calendar year Rule. Rewards are calculated centered on the every month normal earnings of the lined individual. A partner can acquire benefits based on his or her very own perform document or that of a husband or wife. For a spouse who has not worked or had lower wages, then the decreased-earning spouse is entitled to as a great deal as 1-half of the retired worker’s comprehensive advantage referred to as the Major Insurance policy Volume (PIA). Qualified workers who are absolutely insured members in the Social Protection process will obtain the greater of their very own PIA or 50% of the profit of the wife or husband if it is higher.

Illustration: If a Sally has a PIA calculated at $250 for every month and her spouse Jack has a PIA of $1,000 for every month, then Sally is eligible for a reward of $500 per month (or 50% of Jack’s increased PIA).

Divorced spouses who have been married for at the very least 10 decades are qualified for positive aspects centered on the PIA of the other spouse.

To commence acquiring added benefits, a person has to be at least age 62 and not remarried. If the ex-spouse remarries, then rewards will be calculated and in comparison to the PIA of the new spouse. If that relationship ends by loss of life or divorce, the ex-partner may be qualified to PIA centered on the prior marriage.

The sum of rewards that an ex-partner receives does not impression the advantage readily available to the other spouse.

Possibly husband or wife who is at the very least age 62 and been divorced for at minimum two years could start out to collect positive aspects even if not but retired.


Which of the next people is qualified for retirement gains less than her to start with husband’s retirement positive aspects provision of Social Security?

A.) Helen, age 62, married from 1966 to 1980 whose ex-husband was utilized from 1963 as a result of 1998. Helen acquired divorced in 1995, under no circumstances remarried and her ex-partner has died.

B.) Jane, age 62, was married from 1969 to 1983. Her first husband was utilized from 1963 to 2000. Jane has remarried, divorced and remarried yet again.

C.) Judy, age 63, was married from 1961 to 1990 to her to start with partner who was employed from 1968 to 2003. After the divorce she remarried in 1993 to her next husband who sooner or later died in 2004.

D.) Emily, age 60, was married to her very first spouse from 1963 to 1988. She remarried in 1994. Her spouse experienced worked from 1968 to 1998.

E.) Susan, age 68, was married from 1980 to 1988 to her first partner who had been used from 1963 to 2003. She remarried and divorced her next partner just after 6 years.

Based on these examples, only Helen (case in point A) is suitable to collect a gain centered on her initial husband’s work history. They experienced been married for extra than 10 yrs, divorced for at least 2 a long time and is suitable centered on age (in excess of 62).

Jane (case in point B) is not eligible to accumulate based on the 1st partner mainly because she is remarried.

Judy (example C) can gather underneath her second partner.

Emily (instance D) is not nevertheless qualified to gather due to the fact she is beneath age 62.

Susan (instance E) is not qualified for the reason that she has been married for less than 10 yrs to equally husbands. She would have to count on her personal get the job done record for calculating her PIA.

For customized assist, you should check with with a qualified economic professional who has been experienced in managing the specific place of divorce money arranging these kinds of as a Qualified Fiscal PLANNER (TM) professional or Licensed Divorce Economic Analyst.