Making Ends Meet

questions & answers

Question: I have taken early soc sec retirement. When my wife retires in three years, will she receive her own sep soc sec income based on her working years?

Answer: When each member of a married couple works in employment covered under Social Security and they meet all other eligibility requirements to receive Social Security retirement benefits, their lifetime earnings are calculated independently to determine their Social Security benefit amounts. In other words, each spouse receives a monthly benefit amount based on his or her own earnings. Couples are not penalized simply because they are married. If one member of the couple earned low wages or failed to earn enough Social Security credits (40) to be insured for retirement benefits, he or she may be eligible to receive benefits as a spouse. For more information about Social Security benefits visit Social Security Online.