This is a generic Affidavit to accompany a Motion to amend or strike alimony provisions of a divorce decree because of the obligor spouse's changed financial condition. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Spousal Support For Social Security In Virginia
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US-00004BG-I
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FAQ
Yes, both spouses can still work while collecting Social Security benefits. However, there are earnings limits that may affect the amount of Social Security benefits received if income exceeds a certain threshold.
In Virginia, the courts consider various factors to determine eligibility for spousal support during separation. Under Virginia Code § 20-107.1, judges evaluate whether one spouse has a genuine need for support and whether the other spouse has the ability to provide it.
The formula stated in § 16.1-278. is: (a) 30% of the gross income of the payor less 50% of the gross income of the payee in cases with no minor children and (b) 28% of the gross income of the payor less 58% of the gross income of the payee in cases where the parties have minor children in common.
The spousal benefit can be as much as half of the worker's "primary insurance amount," depending on the spouse's age at retirement. If the spouse begins receiving benefits before "normal (or full) retirement age," the spouse will receive a reduced benefit.
Do You Qualify for Social Security Spouse's Benefits? 62 years of age or older. Any age if you have a child who is younger than 16 in your care or has a disability and is entitled to benefits on your spouse's record.
A spouse is more likely to receive an award of spousal support with no defined duration, where spousal support will continue until death of either party or remarriage, if there was a long-term marriage and the spouse seeking support is nearing or at retirement age, or unable to become sufficiently employed to provide ...
Split strategy For example, if one spouse stops working to take on caregiving duties, they could claim their benefit to have an income while the other stays in the workforce longer and collects a bigger Social Security payment later.
The spousal benefit can be as much as half of the worker's "primary insurance amount," depending on the spouse's age at retirement. If the spouse begins receiving benefits before "normal (or full) retirement age," the spouse will receive a reduced benefit.
How much can I get from Social Security spousal benefits? The maximum Social Security spousal benefit is 50% of your spouse's or ex-spouse's benefit at full retirement age (FRA). There is no increase to spousal benefits beyond FRA.
The first exception, which can be deemed as the Social Security spousal benefits loophole, works where an individual who remarries at 60 or later may still be entitled to Social Security survivors' benefits if the second marriage ends before the death of the first spouse.