Is Social Security subject to divorce?
According to Federal statute, Social Security benefits are not divisible in divorce proceedings, and therefore cannot be considered a marital asset subject to distribution. However, federal law does not prohibit the division of pension benefits that are received in lieu of Social Security.
How are Social Security benefits handled in a divorce?
Depending on their circumstances, divorced Social Security beneficiaries can receive either retired-worker benefits, which are based on the individual’s own covered earnings history; auxiliary benefits, which are determined by a living or deceased former spouse’s covered earnings history; or a combination of both.
Can alimony be direct deposit?
The parties may want to consider direct payment of spousal support by way of (1) direct deposit into a bank account; (2) electronic transfer utilizing PayPal, Venmo, or some other provider; (3) check; or (4) cash. To that end, each party should keep records of each payment, including: The date of the payment.