The Financial Side Of The Marriage Equality Debate
The Supreme Court's ruling on whether or not same-sex marriages should be recognized will have wide-ranging economic impacts for same-sex couples.By Matt Picht | June 25, 2015
The Supreme Court's verdict on the contentious issue of same-sex marriage has wide-reaching implications for same-sex couples — not just emotionally, but financially as well.
Recognizing same-sex marriage unlocks a host of federal benefits for these couples. In 2004, the U.S. Government Accountability Office calculated there are more than 1,100 federal provisions affected by marital status. (Video via WFTV)
The cost of missing out on these benefits can vary greatly, but a 2009 analysis by The New York Times found an unmarried same-sex couple could lose anywhere from $41,000 to $468,000 over their lifetime compared to a similar, married straight couple.