Social Security Spousal Benefits: This Could Be the Most Misunderstood Rule

Core Insights - Social Security benefits can be accessed through spousal benefits even if an individual has never worked [2][3] - Understanding the rules and strategic timing for claiming spousal benefits is crucial for maximizing retirement income [4][5][7] Group 1: Spousal Benefits - Eligibility for spousal benefits exists if a current or former spouse is entitled to Social Security [2] - Spousal benefits can be claimed as early as age 62, but claiming before full retirement age results in reduced monthly checks [4][6] - The maximum spousal benefit is capped at 50% of the spouse's benefit at their full retirement age [5][6] Group 2: Claiming Strategy - Unlike personal benefits, spousal benefits do not increase if claimed after full retirement age [5] - Individuals should be informed about the implications of claiming at different ages to optimize their retirement income [7]