Get smart with your money
By Liz Weston
Few retirement decisions are as critical, or as easy to get wrong, as when and how to take your Social Security benefits. The rules can be so convoluted that many people rely on what they’re told by Social Security employees, but that could prove to be an expensive mistake.
In my latest for the Associated Press, how to protect your Social Security and learn the facts.
Researchers tell us that most people would be better off waiting to claim Social Security…
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Dear Liz: I have just received a phone call advising me that my Social Security…
Dear Liz: I would like you to explain to us retirees why we should delay…
I’m 71, my ex-husband is 63. We were married for 26 years, are divorced for 7 years. His benefit is over $2,400, mine is $570. What percentage of his benefit do I qualify to receive?
Your divorced spousal benefit would typically be 50% of what he’d earned as of his full retirement age. You can call Social Security to start the process of applying for that benefit.