I have one question about spousal benefit. If I choose early withdrawal of age 62, will my spouse who does not have her own contribution, at her age of full retirement will get 50% of my full benefit or only 50% of reduced benefit as I started withdrawing at age 62? My plan is for her not to take spousal benefit at 62 but her full retirement age.

Please clarify and eventually when I start taking benefit I will join your maximize subscription.

Thanks
Regards
Venkatraman

Hi Venkatraman,

If your spouse waits until full retirement age (FRA) to file for spousal benefits, she will receive 50% of your full retirement age rate (PIA) regardless of at what age you start drawing your benefits. She couldn't qualify for spousal benefits before you start drawing your benefits, though.

Best, Jerry