Spousal Social Security Benefits: Pre-Application Checklist for Eligibility

Social Security is a cornerstone of retirement planning for many Americans, particularly as the cost of living continues to rise, and saving becomes increasingly challenging. 

As of December 2023, the average retiree collects just over $1,900 per month in benefits. However, it’s essential to understand that retirement benefits are not the only type of Social Security available. 

Spouses may also qualify for spousal benefits, potentially increasing monthly payments by hundreds of dollars.

To qualify for spousal benefits, there are several eligibility requirements to meet. Firstly, you must be currently married to someone entitled to retirement or disability benefits and have been married for at least a year. 

Additionally, you must wait until your spouse begins receiving Social Security benefits before you can file, and you must be at least 62 years old. However, if you’re caring for a child under 16 or a disabled child, age restrictions may not apply, and the one-year marriage rule may be waived.

Social Security’s Role in Financial Stability

The maximum spousal benefit is 50% of the amount your spouse will receive at their full retirement age (FRA). Delaying filing until your own FRA ensures you receive this maximum amount, as filing earlier results in reduced monthly payments. Unlike retirement benefits, delaying past your FRA won’t increase spousal benefits.

Divorced spouses may also qualify for benefits based on their ex-spouse’s work record, provided the marriage lasted at least 10 years, and certain other conditions are met. It’s worth noting that receiving spousal or divorce benefits alongside retirement benefits is possible, but the total benefit amount cannot exceed the higher of the two.

While not everyone will qualify for spousal or divorce benefits, those who do stand to significantly increase their retirement income. 

With the average spouse of a retired worker receiving around $912 per month from Social Security, taking full advantage of these benefits can make a substantial difference in retirement financial planning. Understanding the eligibility criteria and maximizing potential benefits is crucial for securing a more financially stable retirement.