Question and answer
Which of the following statements is not true regarding spousal benefits under Social Security? A. You can qualify for benefits if your spouse is fully insured in the program. B. A divorced
woman may receive 50 percent of her ex-husband’s benefits if she qualifies. C. If a woman remarries, she will not be eligible for a divorcee benefit. D. There are no protections in the program for women who do not work outside the home.
A social security spouse benefit is called a “spousal benefit”. Below are some key things you need to know about the social security spousal benefit. [ It is especially important to understand how a spouse benefit is affected when taking social security benefits early, and what happens upon the death of a spouse. Basics On The Social Security Spouse Benefit * As a spouse, you can claim a
social security benefit based on your own earnings record, or you can collect a spousal benefit that will provide you 50% of the amount of your spouse’s social security benefit. * You are automatically entitled to receive the benefit that provides you the higher monthly amount; either a benefit based on your own earnings, or the spousal benefit, and prior to reaching full retirement age, social security makes this determination for you. * After you reach full retirement age, you can choose to receive only the spouse’s benefit, and delay receiving your retirement benefits until a later date, allowing you to receive a higher benefit later based on the effect of delayed retirement credits. * You must be age 62 to qualify for either type of social security benefit. * You cannot collect a spousal benefit until your spouse files for their own benefit. Social Security Spouse Benefit And Early Retirement * If you collect a spousal benefit, and you begin collecting this benefit before you reach full retirement age, your benefit will be permanently reduced. To see how this reduction is calculated visit the Benefits For Spouses section of the social security website. * If your spouse takes social security early, and you take a spousal benefit early, you will be significantly reducing the amount of benefits that may be paid out over your lifetime. ]
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User: Which of the following statements is not true regarding spousal benefits under Social Security? A. You can qualify for benefits if your spouse is fully insured in the program. B. A divorced woman may receive 50 percent of her ex-husband’s benefits if she qualifies. C. If a woman remarries, she will not be eligible for a divorcee benefit. D. There are no protections in the program for women who do not work outside the home.

Weegy: A social security spouse benefit is called a “spousal benefit”. Below are some key things you need to know about the social security spousal benefit. [ It is especially important to understand how a spouse benefit is affected when taking social security benefits early, and what happens upon the death of a spouse. Basics On The Social Security Spouse Benefit * As a spouse, you can claim a social security benefit based on your own earnings record, or you can collect a spousal benefit that will provide you 50% of the amount of your spouse’s social security benefit. * You are automatically entitled to receive the benefit that provides you the higher monthly amount; either a benefit based on your own earnings, or the spousal benefit, and prior to reaching full retirement age, social security makes this determination for you. * After you reach full retirement age, you can choose to receive only the spouse’s benefit, and delay receiving your retirement benefits until a later date, allowing you to receive a higher benefit later based on the effect of delayed retirement credits. * You must be age 62 to qualify for either type of social security benefit. * You cannot collect a spousal benefit until your spouse files for their own benefit. Social Security Spouse Benefit And Early Retirement * If you collect a spousal benefit, and you begin collecting this benefit before you reach full retirement age, your benefit will be permanently reduced. To see how this reduction is calculated visit the Benefits For Spouses section of the social security website. * If your spouse takes social security early, and you take a spousal benefit early, you will be significantly reducing the amount of benefits that may be paid out over your lifetime. ]
Expert answered|partycrashnight|Points 62|

User: Which retirement saving program has a benefit that will depend on your yearly contribution and the rate of return on invested assets? A. defined contribution plan. B. defined benefits plan. C. variable salary plan. D. fixed salary plan.

Weegy: It is C! Variable Salary Plan is a retirement saving program that will depend on your yearly contribution and the rate of return on invested plan
Expert answered|partycrashnight|Points 62|

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Asked 9/14/2010 2:01:23 AM
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2. How does Gloria benefit from filing as head of household, rather than single?
Weegy: Could you make your question clear? User: How does Gloria benefit from filing as head of household, rather than single for her income taxes? Weegy: When you file as a head of the household your taxes are automaically much lower than those who are filed as singles. (More)
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Updated 5/26/2013 7:43:24 PM
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Gloria benefit from filing head of household, rather than single because tax rates are lower for a person filing head of household, and she will pay less in federal income taxes.


(2011, 01). Glorias Tax Return. StudyMode.com. Retrieved 01, 2011, from
Added 5/26/2013 7:43:24 PM
Which of the following is considered a sign of credit trouble? A. You keep track of your monthly expenditures to insure that your net monthly cash flow is on target B. You are making only minimum payments on your credit cards C. You have a small number of credit cards D. You don’t use consumer credit to pay for regular expenditures
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Asked 9/14/2010 1:01:00 AM
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What information is not included on your credit report? A. Information on employment evaluations B. Information on accounts held jointly with another person C. Information on open and closed accounts D. Negative credit information, such as late or skipped payments
Weegy: I think it is B. Information on accounts held jointly with another person User: Which type of lease makes you responsible for any difference between the actual and estimated depreciation on the car you lease? A. open-end lease B. contingent lease C. depreciated lease D. closed-end lease Weegy: I think it is C. Depreciated lease. User: Which of the following is not a recommended strategy for controlling your health care costs? A. Invest in your own health. B. Choose a low-cost provider. C. Take advantage of beneficial tax rules. D. Budget for small expenditures. Weegy: Investing in your own health is a good thing, and may be the best thing we can do with regards to our health. Choosing a low cost provider is like gambling, you will never know if you will get quality results, (More)
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Asked 9/14/2010 1:13:04 AM
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Weegy: Huh? User: Which of the following is not typically a major source of retirement income? A. employer-sponsored retirement plans B. Social Security C. employment income D. inheritance Weegy: Inheritance! User: When does a person attain fully insured status under Social Security? A. after 30 quarters (7.5 years) of participation paying FICA taxes B. after 20 quarters (5 years) of participation paying FICA taxes C. after 50 quarters (12.5 years) of participation paying FICA taxes D. after 40 quarters (10 years) of participation paying FICA taxes (More)
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Asked 9/14/2010 1:21:17 AM
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When does a person attain fully insured status under Social Security? A. after 30 quarters (7.5 years) of participation paying FICA taxes B. after 20 quarters (5 years) of participation paying FICA taxes C. after 50 quarters (12.5 years) of participation paying FICA taxes D. after 40 quarters (10 years) of participation paying FICA taxes
Weegy: D. after 40 quarters (10 years) of participation paying FICA taxes User: Which of the following statements is not true regarding spousal benefits under Social Security? A. You can qualify for benefits if your spouse is fully insured in the program. B. A divorced woman may receive 50 percent of her ex-husband’s benefits if she qualifies. C. If a woman remarries, she will not be eligible for a divorcee benefit. D. There are no protections in the program for women who do not work outside the home. Weegy: C. If a woman remarries, she will not be eligible for a divorcee benefit. (More)
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Asked 9/14/2010 1:38:28 AM
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