stay at home moms and social security benefits.....

for those that have remained out of the workforce, do they get social security benefits?

how will moms who stay at home secure their future if they don't return to work?
is it a cross your finger deal in hopes that the husband will never leave and do right by them and their children?

can you only be recognized as a stay at home mom if you're married?
i mean, if you're single does it count?
SAHM don't get SS.

There are some groups that are trying to get homemakers SS benefits.
3c/4a
so....omg, if you're husband leaves and you've given part of your life to support him and raise healthy children, then you might be given the shaft!

imagine trying to enter the workforce after years of staying at home?
you're at such a disadvantage.

i'm not suggesting working under the assumption your husband might leave you....i'm just saying that it's scary risk a woman must take.
I thoiught they got a small check. Not as much as someone who hhsa earned all their work credits but still something.
Location: Chicago

~~~~~~~~~~~~~~~~~~~~~~~~~~~

"If you don't stand for something you will fall for anything."
ó Malcolm X
so....omg, if you're husband leaves and you've given part of your life to support him and raise healthy children, then you might be given the shaft!

imagine trying to enter the workforce after years of staying at home?
you're at such a disadvantage.

i'm not suggesting working under the assumption your husband might leave you....i'm just saying that it's scary risk a woman must take.
Originally Posted by frau
Yup. I know countless women who are working as waitresses because it was the only work they could find after their marriages ended.
My mom was a SAHM and she gets social security under my dad's SS#. He's deceased, but even if he wasn't, she would get it that way. If you get divorced, I believe you get credit for your husband up to that point then must earn your own benefits.

You pay into your own SS account. It's not like it's free money or anything. This is why retirement funds are community property and are usually split if there's a divorce.
Quote:
When are women going to face the fact that they donít know their own bodies as well as men who have heard things?

Don Langrick
Bonsai Culturist
Can we say prenup? Yeah it doesn't sound romantic but you really don't know what might happen and you must protect yourself financially. Before you even get yourself in that situation think about what could happen. What if the husband dies or runs off?

Heck you can start your own business from home, take correspondence classes. Do anything so that you're not faced with a situation where you end up destitute because you've solely relied on someone else for support.
You don't have to blow out my flame to make yours burn brighter.

When you judge another, you do not define them, you define yourself.

How people treat you is their karma; how you react is yours.
for those that have remained out of the workforce, do they get social security benefits?

how will moms who stay at home secure their future if they don't return to work?
is it a cross your finger deal in hopes that the husband will never leave and do right by them and their children?

can you only be recognized as a stay at home mom if you're married?
i mean, if you're single does it count?
Originally Posted by frau
I'm not sure I understand the question.

Why would they receive money/benefits when they haven't been paying into it?
My mom was a SAHM and she gets social security under my dad's SS#. He's deceased, but even if he wasn't, she would get it that way. If you get divorced, I believe you get credit for your husband up to that point then must earn your own benefits.

You pay into your own SS account. It's not like it's free money or anything. This is why retirement funds are community property and are usually split if there's a divorce.
Originally Posted by mrspoppers
Let me rephrase.

SAHPs get benefits calculated from their spouses earnings (it's like 1/2 or something, right?), not from any work that they do themselves.
3c/4a
so....omg, if you're husband leaves and you've given part of your life to support him and raise healthy children, then you might be given the shaft!

imagine trying to enter the workforce after years of staying at home?
you're at such a disadvantage.

i'm not suggesting working under the assumption your husband might leave you....i'm just saying that it's scary risk a woman must take.
Originally Posted by frau
That's why there's alimony and why I would never be a stay at home mom.
I am completely comfortable being a SAHM and am not worried at all about SS
"what's so funny 'bout peace, love and understanding?"



"If you judge people,you have no time to love them"
-Mother Theresa
I am completely comfortable being a SAHM and am not worried at all about SS
Originally Posted by Mar
Right. If we had kids and we could swing it financially I'd have no qualms at all about being a stay at home mom.
*~*~*~*~*~*~*~*

Rock on with your bad self.

*~*~*~*~*~*~*~*

Be excellent to each other. ~ Abraham Lincoln

*~*~*~*~*~*~*~*
I am completely comfortable being a SAHM and am not worried at all about SS
Originally Posted by Mar
Right. If we had kids and we could swing it financially I'd have no qualms at all about being a stay at home mom.
Originally Posted by PartyHair
Me, too.
There's definitely a lot of trust involved.
~ the artist formerly known as babywavy ~

Please excuse any typos. For the time being, we are blaming it on my computer.
My social security will be based on my husband's earnings. If he dies or runs off with a hussy, I can still claim against his SS earnings. I also have a claim against his individual retirement accounts and pensions. They are marital property.

I got a substantial sum from my ex-husband's pension when he took early retirement from his corporate job. He didn't like it, but I was entitled to it anyway. I got half of his pension for the years we were married. An actuary lawyer had to do the calculations to figure out how much that was.
for those that have remained out of the workforce, do they get social security benefits?

how will moms who stay at home secure their future if they don't return to work?
is it a cross your finger deal in hopes that the husband will never leave and do right by them and their children?

can you only be recognized as a stay at home mom if you're married?
i mean, if you're single does it count?
Originally Posted by frau
OK, this is long so get your :

You pay into SS with every paycheck you earn (unless you are contract labor and they don't withhold --in that case you pay self-employment taxes and SS yourself with your quarterly tax estimates) . At some point in time, Uncle Sam starts sending you a "Social Security Statement" every year that tells you what you have put aside for EVERY YEAR you have worked and your estimated benefits if and when you retire. Retirement benefits are more if you retire after age 70 than at retirement age (66 and 10 months). THIS IS IMPORTANT ---THE MORE YOU PAY IN, THE MORE YOU GET WHEN YOU RETIRE. For the years you don't work, you get a big fat ZERO. I can look at my statement and identify the exact times that I did not work and that was an awakening for me and one of the reasons I got a paying job!!! Don't get me wrong --I truly believe working moms work and would not ever trade the years I spent at home with my kids --but there's a security factor there. If you don't have a husband who has a good job and good retirement, you need to start thinking about this kind of thing sooner than later. Women outlive men by what ....7 years or so.... so your money's got to last longer than your life or your husband's retirement.

After you are married ten years, if your husband dies you are entitled to a survivor's PORTION of your husband's retirement (or wife's if you are a man). In a divorce situation --depending on what state you're in-- you could be entitled to receive a portion of your spouse's SS Benefits; however, I have been a family law paralegal in Texas for 12 years and have never seen this happen. (Not to say that it DOESN'T happen --I've just never SEEN it happen. In other words, it's not a common thing.) I am talking about SS Benefits here --not pension or private retirement plans. The division of those plans (due to death or divorce) depend on what state you're in. Only 8 states have community property laws --so check with an attorney in YOUR OWN STATE.

If you become disabled and cannot work, you can apply for SS Disability. There's also SSI disability but I really don't know the difference --I'm not involved in that part of the legal system. They consider SS and SSI Disability on a case by case situation depending on your education, your ability to rehabilitate, and the overall seriousness of your disability. For example, if you are highly educated and could possibly do something from a wheelchair, you'd be less likely to qualify that someone who is not educated and becomes disabled.

Unfortunately, there are no guarantees for your future, dear. You are responsible for putting aside for your retirement --married or not! HTH!
KurlyKarenLee

You can say what you want about the South, but you never hear of anyone retiring and moving North.
Banned
Join Date: Jun 2001
Posts: 41,043
Great post KKL!
Frau does your mother live in a common law state? If she does and your parents are still together, she may be able to get some benefits based on what people in the thread are saying.

She should definitely consult a professional before it's too late.
Join Date: Dec 1999
Posts: 6,581
I agree with gg about the prenup, and besides, the SAHP should be keeping an eye on their spouse's 401K and not so much SS - I keep reading that SS isn't worth counting on... Frau does your Dad have a 401k?

Trending Topics


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -6. The time now is 04:32 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright 2011 NaturallyCurly.com