Social Security, marriage and divorce

Divorcing or marrying can change your retirement or social security accounts, and it is important to note the changes before rushing into either situation. This article highlights the way marrying and divorcing can affect your finances...

If your spouse (or your ex-spouse of 10 years' marriage) passed away, you have rights to widow's or widower's payments from Social Security. But if you remarry before age 60 those payments are barred for as long as your new marriage lasts. Here's the big exception: Remarriage after age 60 doesn't count; you would still have access to the widow(er)'s payments. So if you're planning a wedding two weeks before your 60th birthday, you might want to reschedule.

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