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| October 17, 2022
| Lorrie Garber Riggs, RIS, First Vice President|Wealth Management|Financial Advisor, Newtown PA
M. Bernadette Holland, CFP®, Senior Vice President|Wealth Management|Financial Advisor, Bethlehem PA
Julie Dellisant-Flugel, CFP® CDFA®, Wealth Management|Financial Advisor, Bethlehem PA
M. Amy Villani, First Vice President|Wealth Management|Financial Advisor, Bethlehem PA
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Will I continue to receive Social Security based on my spouse's record after we divorce?
Yes. If you already receive Social Security based on your spouse's
earnings record, you'll continue to receive it as long as you live (or in some
cases, until you remarry). If you don't receive Social Security yet, you can
apply for a reduced benefit when you turn 62 or wait until your full retirement age if you want
to receive an unreduced spousal retirement benefit. If you've been divorced for
more than two years, you can apply as soon as your former spouse becomes eligible
for benefits, even he or she hasn't started receiving them (assuming you're at
least 62). However, if you've been divorced for less than two years, you must
wait to apply for benefits based on your former spouse's earnings record until he
or she starts receiving benefits.
You don't have to worry about losing your benefit even if
your former spouse remarries. Benefits for a divorced spouse are calculated
separately from those of a current spouse.
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For more information about Janney, please see Janney’s Relationship Summary (Form CRS) on www.janney.com/crs which details all material facts about the scope and terms of our relationship with you and any potential conflicts of interest.
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