Even with the changes, folks should not ignore the coordination of spousal benefits
, says Hunt.
"Restricted application" allows a spouse with her own earnings record to begin collecting spousal benefits
at or after full retirement age while suspending the collection or her own Social Security benefits.
"It's eliminating auxiliary benefits, like spousal benefits
or widow's benefits or child benefits, including disabled child benefits, for people who put their retirement benefit in suspension."
Either strategy, or a combination of the two, can add tens of thousands of dollars in spousal benefits
Before your accounts consider cutting spousal benefits
entirely, advise them on the effect such decisions can have on their business: 72 percent of married employees and those living with partners say they'd feel extremely or very negatively toward their employer if spouse/ partner coverage were eliminated from their employer-sponsored health insurance options.
* Failure to consider each spouse's benefit is a huge problem, due to people not knowing how spousal benefits
, worker benefits and survivor benefits interact.
"The Supreme Court's decision is a seminal piece in realizing full equality, and I am confident that the senate will renew its advocacy," said Michel Conroy, chairwoman of the Texas State University Faculty Senate, which years ago endorsed spousal benefits
for same-sex couples.
For employer-sponsored health plans, it is a little different because ERISA does not require spousal benefits
. For plans that offer spousal enrollment, Eason contends, most employers in states where same-gender marriages were recognized went ahead and extended their benefits after United States v.
In announcing that it would provide same-sex spousal benefits
, Notre Dame officials said the university had to follow state employment laws and said it still supported the traditional Catholic teaching that marriage is between one man and one woman.
But unlike Mississippi, its National Guard has found a way out of the spousal benefits
pickle the ban presents.
Denying federal recognition to legal marriages from California or Massachusetts or New Hampshire not only has its measurable consequences--the spousal benefits
denied, the citizen sponsorship opportunities nixed--but also carries with it broad implications of state-sanctioned discrimination, now a buzz phrase among gay and lesbian rights advocates.
The "file and suspend" strategy permits a lower-income spouse to collect spousal benefits
when the higher-income spouse is postponing benefit collection.