Unlocking Social Security Benefits for Divorced Spouses - Financial Wisdom Unveiled

Unlocking Social Security Benefits for Divorced Spouses - Financial Wisdom Unveiled

In this episode of the Ask Ralph Podcast, hosted by experienced financial professional Ralph Estep, Jr., listeners are introduced to the lesser-known social security benefits available to divorced spouses. The requirements for eligibility are thoroughly explained, such as the necessity of a 10-year marriage and the implications of remarrying. With a focus on providing financial wisdom from a Christian perspective, the episode delves into how the amount of spousal benefit is calculated, timing considerations, and tips for applying. The discussion is enriched with real-world examples and a biblical verse to offer both spiritual encouragement and practical advice for navigating the complexities of social security entitlements after divorce. The podcast aims to educate and empower individuals facing financial challenges post-divorce and highlights the importance of seeking God's guidance and wisdom in difficult times.

00:00 Introduction to Social Security Benefits for Divorced Spouses
00:15 Welcome to Ask Ralph Podcast
00:46 Motivational Monday: A Personal Welcome
01:34 Exploring Social Security Benefits for Divorced Spouses
02:22 Biblical Wisdom on Finance and Divorce
02:50 Eligibility and Calculation of Ex-Spousal Benefits
04:18 Real-Life Example: Sally and Joe's Story
05:14 Timing Considerations for Claiming Benefits
06:57 Application Tips for Social Security Benefits
09:05 Closing Thoughts and Resources
10:24 Final Words and Podcast Conclusion