Spousal Benefits

Can My Mother Still Apply For Spousal Benefits?

Category: 

My parents are in their 80's. My mom did not work while we kids were living at home. After the youngest left for college, she worked for 10+ years at relatively low-paying clerical jobs. I assumed she has been drawing a SS spousal benefit, since my dad's SS is significantly higher than hers. She just mentioned that she has only been getting SS based on her own earnings, because they are under the impression that if she takes a spousal benefit, it would reduce the amount my dad receives, and/or the amount that she would receive if he dies first.

How Much Would My Wife Receive?

Category: 

Larry,
Thanks for answering my general question. To help me get a better understanding, I would like to use actual numbers. My wife is 66 and has been receiving her own benefit since age 63. Her reduced benefit is $585 and her full PIA is $726. I am 62 and my reduced benefit would be $2175 and full PIA of $2775. Using these numbers how would I calculate my wife's excess spousal benefit if I filed right now?
Thanks for the help with the math.

Hi,

Can You Help Me With My Calculations?

Category: 

Larry,
My is 66(9/13/50) and is receiving her own SS, which she began taking at 63. I am 62(12/11/54), not receiving any SS. I am trying to determine when to apply to for my SS to max mine and her spousal benefits total dollars over the long haul Will ur program help with this or does someone know the equation used by SS to calculate excess spousal benefits for my wife. I know my full PIA as well as my wife's full PIA.
Can u help me with this calculation?
Thanks

Hi,

Is There Any Way For Me To Increase My Benefit Rate?

Category: 

I have been reading all of your questions and answers about SS benefits, and I decided to ask you one of my own, because I can't find a similar questions. I am 78 and started collecting SS when I was 62. My husband is 68 and he, also, started collecting when he was 62. We own a business (both still working), but it took a drastic downturn several years ago, and taking SS early helped us through this situation. We are both in excellent health and plan to continue working for at least 2 more years.

Will My Wife Get Spousal Benefits When I File On My Own Record?

Category: 

My wife claimed her SS benefit at 64 and I took my spousal SS benefit at the same time. When I decide to claim my full SS benefits, will my wife's benefit be the same or will hers revert to a spousal benefit (1/2 of mine)? Thank you!

Hi,

That depends on your relative benefit rates. Your wife will continue to get her own reduced retirement benefit when you file on your own record. But, if 50% of your full retirement age rate (PIA) is higher than your wife's PIA, she could also receive the difference in those amounts as an excess spousal benefit.

Will My Wife Get Half Of My Age 70 Rate?

Category: 

I am 65 years old and am thinking of delaying my retirement benefit application until age 70. The benefit estimate for me is f $2715.00 at FRA and $3584.00 at age 70.
My wife collects retirement benefits on her own record. She started benefits at her FRA. and collects $1556.20 ( before Medicare premium deductions).
Will my wife benefit, when I start collecting at age 70 be calculated as: the higher of her then current benefit amount or 50% of $3584.00?

Hi,

Can I Receive Benefits On My Husband's Record?

Category: 

Hello: I am 64 years of age, soon 65, born in 1952. I have been receiving SSDI for several years. I am legally separated and soon after qualifying my husband retired, now age 70, and collects his social security. He receives almost exactly twice as much as my SSDI. Wondering if I can receive more from him now and or at his death. I expect to out live him as I am in better health, younger and my disability is hearing loss, I am so confused and have received different answers after calls to Social Security Office. Thank you!

Hi,