Divorce to get higher Social Security benefit?
In a new twist on strategy, a writer opines that she and her husband may be entitled to higher Social Security benefits if they were to legally divorce, even if they continued to cohabitate. Although there is a lot of disparity between this couple’s individual financial positions, the program would seldom, if ever, work in a way that rewarded someone for divorcing. The fact is, there is no “marriage penalty” built into the Social Security benefit system, as is explained in this MarketWatch article by Personal Finance Editor Quentin Fottrell. Click here to read more.