When it comes to retirement planning, many people overlook the potential benefits they may be entitled to through their ex-spouse's Social Security record. If you were married for at least 10 years and are now divorced, you may be eligible to receive Social Security retirement benefits based on your ex-spouse's earnings history. This can be an important source of income in retirement, so it's worth understanding how these benefits work.

Eligibility Requirements

To be eligible for Social Security retirement benefits based on your ex-spouse's earnings record, you must meet the following requirements:

• You must have been married to your ex-spouse for at least 10 years

• You must be at least 62 years old

• You must be unmarried

• The benefit you would receive based on your ex-spouse's earnings record must be higher than the benefit you would receive based on your own earnings record

If you remarry, you generally cannot collect benefits based on your ex-spouse's record unless your later marriage ends (whether by death, divorce, or annulment).

Benefits Calculation

The amount of your Social Security retirement benefit based on your ex-spouse's earnings record will depend on several factors, including your ex-spouse's earnings history, your age when you begin receiving benefits, and whether you have reached full retirement age or are claiming benefits early.

If you claim benefits based on your ex-spouse's record at your full retirement age, you will be entitled to 50% of the amount your ex-spouse is entitled to receive at their full retirement age. If you claim benefits early (at age 62, for example), your benefit will be reduced. On the other hand, if you delay claiming benefits beyond your full retirement age, you may be entitled to delayed retirement credits that can increase your benefit amount.

It's worth noting that claiming benefits based on your ex-spouse's record does not affect the amount of their benefit or the benefits of their current spouse or dependents. Additionally, if you are eligible for benefits based on your own earnings history as well as your ex-spouse's record, you can choose to claim whichever benefit is higher.

Applying for Benefits

To apply for Social Security retirement benefits based on your ex-spouse's earnings record, you will need to provide proof of your marriage and divorce, as well as your ex-spouse's Social Security number. You can apply for benefits online, by phone, or in person at your local Social Security office.

It's important to note that Social Security retirement benefits based on your ex-spouse's earnings record are not automatic - you must apply to receive them. If you think you may be eligible for these benefits, it's a good idea to start planning early and gather the necessary documents to support your application.

Conclusion

Social Security retirement benefits based on an ex-spouse's earnings record can provide an important source of income in retirement for those who meet the eligibility requirements. If you are divorced and meet these requirements, it's worth exploring your options for claiming benefits based on your ex-spouse's record. With careful planning and timely application, you can maximize your retirement income and achieve greater financial security in your golden years.