Senior Marriage and Social Security: Rules to Know
Romance aside, you may want to delay your wedding date (or divorce, if that's the case) to get the best Social Security benefit possible.

You may want to push the pause button before taking that walk down the aisle if you're close to retirement and counting on income from Social Security. There are some important rules you need to know to time that wedding day to maximize your Social Security benefits.
The most uncomplicated scenario would be getting married for the first time, with no ex-spouse or deceased spouse in the background of either spouse. In this case, you must be married at least one year in order for one of the spouses to be eligible for a spousal benefit. This is where one spouse receives half of the other spouse's Social Security benefit in the case where it's higher than their own. The higher-income spouse must have claimed their own benefit, and the spouse claiming the spousal benefit must be at least 62 years of age.
Now let's change the circumstances and assume you are receiving a spousal benefit on an ex-spouse's work record. In order to receive this benefit, you must have been married for at least 10 years, and both you and your ex must be at least 62 years of age. If you're close to the 10-year mark and contemplating a divorce, you may want to wait until after you reach that anniversary if you don't want to lose the spousal benefit.
From just $107.88 $24.99 for Kiplinger Personal Finance
Be a smarter, better informed investor.

Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
If you remarry, you will no longer be eligible for those ex-spouse benefits. But you will be eligible for spousal benefits on your new spouse's record as long as you both have reached age 62.
If you do get remarried and later your second marriage also ends in a divorce, as long as you were married to each spouse for 10 years or longer, you can choose between the two spouses' benefits. If your second marriage did not last 10 years, you will still be eligible to collect benefits on your first spouse's record.
The last scenario to look at is when a spouse or ex-spouse is deceased. If it's a deceased spouse, you can claim survivor benefits starting at age 60, providing the marriage lasted nine months before the spouse passed away. If it's an ex-spouse, you can claim survivor benefits starting at age 60, providing the marriage lasted at least 10 years before the divorce. And, in that case, you can remarry, and it wouldn't affect your benefit.
The critical thing to remember in receiving survivor benefits in both of these situations is that if you remarry before age 60, this will cut off your eligibility to collect on your deceased spouse's or ex-spouse's record. This could be very expensive, because while a spousal benefit entitles you to half of the other spouse's Social Security, a survivor benefit would entitle you to all of it. If you wait until age 60 or later to remarry, you can still collect those survivor benefits from your deceased spouse/ex-spouse. You can also let your own benefit continue to grow until age 70, and if it's larger than the survivor benefit at that time, you can switch over to your own then.
The lesson to be learned is that seniors considering marriage need to plot out their strategy carefully when it comes to claiming Social Security, even if it means in some cases delaying your wedding day, or your divorce.
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

-
Savings Goal Calculator
Tools Want to know how much you need to save each month to reach your financial goals? Our calculator helps you build a realistic savings plan.
-
Cash vs. Mortgage: How to Pay for Your Second Home
Should you buy your second home outright or finance it with a loan? Weigh the pros, cons and tax implications before making the leap.
-
Gray Divorce Can Throw Your Retirement a Curveball: What to Know
If you're entering retirement and going through a divorce at the same time, you've got some work to do to shore up your long-term financial security.
-
I'm a Real Estate Investing Expert: Optional 721 UPREIT DSTs Can Be the Best of Both Worlds
Before investing in any 721 UPREIT exchange, look for one that offers a straightforward, investor-friendly exit.
-
How an Expired Passport Thwarted Blackmail (and What Other Important Documents You Should Keep)
An optometrist produced his expired passport to foil a blackmail attempt by the daughter of a former employee. After proving he was out of the country on the date of a forged diary entry, he took it a step further.
-
Optimize, Grow, Retain: The Power of Annual Client Reviews
Financial advisers can use annual reviews to help enhance client outcomes, strengthen relationships and build their practice.
-
I'm a Real Estate Investing Pro: This Is What Investors Should Know About Truck Stop Investments
Truck stops might seem like good investments, but they can actually be a risky gamble due to unstable fuel prices, unreliable operators and coming changes in transportation. Instead, consider safer options like industrial or residential properties.
-
Don't Disinherit Your Grandchildren: The Hidden Risks of Retirement Account Beneficiary Forms
Standard retirement account beneficiary forms may not be flexible enough to ensure your money passes to family members according to your wishes. Naming a trust as the contingent beneficiary can help avoid these issues. Here's how.
-
This Is How Life Insurance Can Fund Your Dreams Now
Beyond a death benefit, life insurance can provide significant financial value and flexibility through 'living benefits' while you are still alive, helping with expenses like education, business ventures or retirement.
-
Potential Trouble for Retirees: A Wealth Adviser's Guide to the OBBB's Impact on Retirement
While some provisions might help, others could push you into a higher tax bracket and raise your costs. Be strategic about Roth conversions, charitable donations, estate tax plans and health care expenditures.