What Divorcees Need to Know About Social Security

It’s common knowledge that ex-spouses are entitled to Social Security spousal benefits based on their former partners’ records, but you must have been married for at least 10 years to qualify. It’s also true that divorced people who fall behind on their alimony payments risk having their Social Security checks garnished to meet that obligation, according to The Motley Fool.

When it comes to alimony, a Colorado court recently ruled that Social Security can be counted as income to calculate how much money divorced people owe their ex-spouses. The article points out that seniors who owe money to a former spouse could see their alimony payments increase if it’s determined that their monthly Social Security benefits should count as income to calculate alimony.

The Seniors Trust is committed to improving the financial well-being of America’s retirees through the passage of The Social Security Expansion Act. It will give retirees an immediate benefits increase of about $200 a month, a fair annual cost-of-living adjustment (COLA), increased minimum benefits, and will ensure the long-term solvency of the Social Security program.