It affects us too. They were great neighbors in the business sense, and great people, so I'm just shocked.
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How Marriage and Divorce Affect Your Social Security Payments
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Omar and Ahmed Hirsi had been married since January but were longtime partners. Omar says Hirsi is the father of her three children. The marriage was dissolved Tuesday after paperwork was signed by court personnel. The divorce comes months after a Washington, D. Omar's attorney, Jaime Driggs, says Omar's grateful she and Hirsi reached a resolution for the sake of their children. Copyright The Associated Press. All rights reserved.
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This material may not be published, broadcast, rewritten or redistributed. Sign in using your wjax profile Need a profile? Welcome back. Larry Kotlikoff: If you are married for just nine months, your new spouse can qualify for survivor benefits. And you only need to be married for one year to permit your new spouse to qualify for spousal benefits. Richard — Stoneham, Mass. Is this true? Larry Kotlikoff: Yes, the Government Pension Offset provision will reduce, if not wipe out, the spousal and survivor benefits that would otherwise be available to your wife.
The reduction equals two-thirds of her state pension.
Facing a Military Divorce
If your wife can delay her own pension and have it grow while she delays it, she can then take her Social Security benefits spousal and retirement , without getting zapped, until she starts her state pension. Dolores Howard — Greenfield, Tenn. My first husband is deceased. Can I draw benefits from him even though I have remarried? By taking early retirement due to poor health, can I do this at age 57? Were you to get divorced, you could. The earliest you can collect your own retirement benefit is But to collect a spousal benefit, he has to be over One last point: if you are forced to stop working due to health reasons, you may qualify for disability benefits.
As I wrote in a previous column, taking disability benefits does not preclude you from withdrawing them prior to their converting at full retirement age to retirement benefits. By withdrawing them now, you can collect a full spousal benefit starting at 66 and then wait until 70 to start collecting your own retirement benefit.
Shirley — San Jose, Calif. He has a pension that we are receiving now from his former employer.
MN court: Ex-spouses not entitled to share of military pay | NewsCut | Minnesota Public Radio News
My employer is offering me a retirement package that would act as a bridge to age 65, so I can collect my pension now. I also get full medical and vision for me and my husband for life. The severance package also includes 54 weeks of pay two weeks for every year I have been with them. My husband is still working and wants to retire at age 64 or Also in the last 35 years for Social Security taxes, I have six years with no income as I stayed home with the children.
Will that affect how much I get at age 70? Larry Kotlikoff: Your husband must reach full retirement age before he can file and suspend. So, by having him file and suspend as soon as he can so that you can seize the opportunity to collect your spousal benefit immediately, you will disadvantage yourself terribly. Or , when you are 65, you can file for your retirement benefit and permit your husband to collect his full spousal benefit off of your earnings record.