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about money eh?
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Topic: about money eh? (Read 4653 times)
Ocean Gal
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Posts: 3028
about money eh?
«
on:
April 21, 2006, 09:41:49 AM »
whats that? 6 yrs post divorce and I am no better off money wise really. If your planning on getting divorced and there are minor children involved good luck, esp if you are the parent that is on the receiving end of state formulas for CS.
Learn to live frugally as soon as you can. I would say don't hold onto a house for sentimental value, only stay if you can afford it on your income alone, don't count on the cs because if something happens to it you still have to make payments.
Good luck and I think this is a good idea.
I had always heard that i would be entitled to half of my ex's SS money, i thought that meant that they would be taking half of his, what i have since heard is that he would still get all of his SS and i would get more of mine to get to the point of half of what he gets..which is it,,,anyone know?
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livealittle
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Re: about money eh?
«
Reply #1 on:
April 21, 2006, 01:31:00 PM »
I don't remember it all, but the SS Administration website might be helpful.
there is some provision that provides for an ex-spouse who was married at least 10 years (I think) to get thier ex's SS benefits after their ex's death (I think) once the ex-spouse reaches retirement age....I think. something like that.
I'll see if I can find you a link.
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livealittle
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Re: about money eh?
«
Reply #2 on:
April 21, 2006, 01:33:38 PM »
http://www.ssa.gov/gethelp1.htm
here you go.
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Aim
Hero Member
Posts: 2833
Re: about money eh?
«
Reply #3 on:
April 21, 2006, 02:40:18 PM »
Your ex doesn't have to be dead
It's SSA retirement. To determine your social security- SSA will look at your income and that of your ex and you will get retirement benefits based on the higher amount.
but you lose it if you remarry!!!
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lost
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Re: about money eh?
«
Reply #4 on:
April 21, 2006, 03:30:12 PM »
My ex-husband is 65. If we had stayed married and he died, I could draw his at age 55. If you are married 10 years you can draw off your ex, but it doesn't change the amount THEY draw. But check that your portion of social security from him (or her) isn't less than you'd draw yourself.
And minor children can draw. My daughter's dad became disabled with Parkinson's Disease and he began drawing disability. They went back and paid her from the time he became disabled (she was 16 1/2) until her 18th birthday. She received over $11,000. But she didn't have taxes taken out and had to pay at the end of the year.
Hope this helps. And yes, you lose if you re-marry, kind of like alimony.
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