How Divorce Can Impact Your Social Security Payments
Divorce can have long-reaching financial consequences that can make it harder to ensure a stable retirement for yourself. The good news is that the Social Security Administration continues to acknowledge your relationship with your former spouse, even if you have striven to forget about it. Divorced partners may potentially collect spousal benefits based on the work records of their ex-spouses. This can be a boon for retiring divorcées — especially those who earned less than their spouses.
Here’s what you need to know about how your benefits might be affected by a former marriage. Read the entire article by Emily Guy Birken on WiseBread.