Marrying your partner will give you several rights, including financial ones.
Q. I am 70 years old on full Social Security and working part time. I’m thinking of marrying my same-sex partner of 26 years who is on Social Security disability. When we marry, there will be no name change, no new address, no change to any bank accounts or anything whatsoever.
Before we proceed, keep in mind that your best bet is to call Social Security directly so it can advise based on your specific records.The Social Security Administration recognizes same-sex marriages in all states as well as some non-marital legal relationships, such as some civil unions and while determining entitlement to Social Security benefits, Medicare entitlement and Supplemental Security Income, said Deva Panambur, a fee-only planner with Sarsi, LLC in West New York and an adjunct professor of personal finance at Montclair State University.“Normally, when a person reaches full retirement age — 66 to 67 years old depending on the date of birth — disability benefits automatically convert to retirement benefits, but the amount remains the same,” Panambur said.
She will be paid the higher of the two amounts as she can’t get benefits both on her own earnings record and the spousal benefit, he said.that could be up to 100% of your benefit if she has reached full retirement age, or less if she is younger than that, he said.and receive benefits based on her own earnings record so that she is able to collect the maximum survivor benefit at full retirement age,” he said.
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