I do recall that my mother collected SS benefits based on my father’s contributions, even though she never worked.
I also understand that an ex-wife can claim a pro-rated portion of the ex-husband’s SS benefits (and vice versa).
bttt
She hasn’t paid anything in to it but she can collect? For what, staying home breathing?
If that is the case why is it when one spouse dies, the remaining spouse can’t collect on both wage earners contributions. Say both paid in for 40 years, one dies before retirement, remaining spouse can only receive from one wage earners contributions. Yet, the one who has never paid in can collect for sitting at home.
Sitting at home? Yes we all know how much better it is with the little wife working and shipping the kiddies off so someone else can raise them.
it works out to poverty level no matter how you analyze it
...
Any kind of planning on any government-related financial issue is just uninformed speculation at this point.
You might as well plan to open a gold mine on Mars, or not.
The country may or may not be solvent and functional a year from now.
Shouldn’t this read.. .’non-employed’ spouse?
Just one of the 1/2 or 3/4 truths in this article. For anybody interested, look up the annual retirement test and adjustment of the reduction factor. 31 years was enough for me to be sick of explaining them. By the way, given the condition of the SSA "trust fund", it's optimistic to believe that benefit formulas will be static forever, therefore who the hell knows what a "break even point" will be.
No problem, as soon as polygamy becomes the law of the land I’m gonna marry all my grandkids before I check out and let them collect “government money” in perpetuity.
If I collected welfare my whole life, when is the soonest I can start collecting my social security money?
btt