Get Financial Advice Before Your Divorce

March 15, 2023

For women who have left the workforce to care for children or scaled back to a part-time job, the consequences of not paying into Social Security may leave them in a financial bind, says Jocelyn Elise Crowley, a professor of public policy at Rutgers University in New Brunswick, New Jersey.

“For every year a woman is at home taking care of their kids, Social Security puts in a zero. For their final yearly benefits, women receive thousands of dollars less in Social Security than men,” she says.

Social Security does permit some divorced individuals to be eligible for half of the ex-spouse’s benefits under certain conditions, including being married for at least 10 years.

AARP, 3/15/23

Recent Posts

Report Release: R/ECON Forecast Winter 2026

Read Report R/ECON’s economic forecast for New Jersey at the beginning of 2026 is a mixed bag. The state, like the nation, is likely to finish the year with notably stronger GDP growth than forecast earlier in the year. At the same time, the outlook for 2026 continues...