Expensive Liz: I’m in my third marriage. My first two marriages every lasted 10 years. My spouses labored in jobs requiring them to pay into Social Security. I’m presently retired (since 1999) and labored for a metropolis authorities my whole profession. I presently obtain a pension from the town. Am I entitled to obtain something from Social Security for the time I used to be married to my earlier spouses? It appears solely honest since I needed to pay every of them spousal assist.
Reply: That’s a novel argument! Alas, the Social Security system doesn’t care in regards to the particulars of your divorce decrees.
You’ll be able to name Social Security and ask should you’re eligible for a profit, however don’t get your hopes up in case your pension comes from a job that didn’t pay into Social Security. A provision often known as the federal government pension offset in all probability would wipe out any divorced spousal or divorced survivor profit you would possibly obtain.
Expensive Liz: Our 23-year-old daughter has a low-limit bank card from her financial institution, primarily to construct her credit score historical past. For a similar function, we additionally added her as a licensed person on certainly one of our bank cards (sure, we are able to belief her). When she checked her credit score reviews lately at annualcreditreport.com, one of many businesses produced a report however one other claimed they couldn’t discover her. Is that standard for a comparatively new credit score person? Might it presumably be as a result of she has a hyphenated center identify? Ought to we fear?
Reply: It might take 30 days or extra for info to be up to date on the credit score bureaus, so she ought to strive once more and likewise test the third credit score bureau. If two bureaus can’t discover her after 30 days, then it’s attainable that each bank cards report back to just one bureau. In that case, she ought to think about getting a credit-builder mortgage from a credit score union that reviews to all three bureaus.
In any other case, the issue is probably going the credit score bureau’s, and he or she ought to strive ordering the lacking credit score report by way of the U.S. mail. The bureau that couldn’t discover her can have directions for requesting a report that approach on its web site.
Liz Weston, Licensed Monetary Planner, is a private finance columnist for NerdWallet. Questions could also be despatched to her at 3940 Laurel Canyon, No. 238, Studio Metropolis, CA 91604, or through the use of the “Contact” kind at asklizweston.com.