When does it make sense to take my spousal benefits early?

In most cases if you’ve worked and paid into Social Security for more than the required forty quarters to be eligible for benefits, your retirement benefits will exceed those of your spousal benefits as a current or ex-spouse. In other words, spousal benefits usually...

If I take spousal benefits early, are they reduced?

Taking Social Security benefits early automatically reduces them. If you wait until full retirement age to collect your spousal benefits, you will receive a monthly check equal to 50 percent of your spouse’s full retirement benefits. The same applies if you are an...

How much can my kids receive from my Social Security?

Regardless of whether you start your retirement checks before your full retirement age, each child could get a monthly check equal to 50 percent of your full retirement benefits. There is a limit regarding how much Social Security will pay in family benefits. The...

Can my kids draw Social Security checks on my work record?

Children can draw benefits on your work record when you begin receiving your retirement benefits. They can receive a check if they’re under the age of eighteen. If they are still in high school at age eighteen, checks will continue until they graduate, or until they...