Divorce Can Be Complicated…Especially Considering Social Security Strategies
“Gray divorce”–the scenario where couples age 60 and over choose to end their marriage–is no longer uncommon. In fact, according to the U.S. Census Bureau, the number of divorces by adults in this age bracket has doubled over the past 25 years. All other aspects of the process aside, one of the real complications involves the pursuit of Social Security benefits by individuals involved in these divorces since the rules on claiming spousal benefits can be complicated. An article by MSN Money reporter Lorie Konish takes a look at these rules and the timing considerations that accompany them, and explains the implications a remarriage can have on Social Security claiming strategies. Read her article here…
If, after reading Ms. Konish’s article, you have any questions about Social Security claiming strategies in the wake of a divorce, know that the AMAC Foundation’s Social Security Advisory Staff stands ready to assist you in understanding what to many folks is a confusing area. Learn more about this popular and free-to-the-public service here…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.