Ask Larry

When Should I Take Widower's Benefits

In 2014, I was 50, my wife 44 and our son Jhestin was 8. She passed away in August of 2014? She had worked her adult life as an employee until the age of 42. I have a good career, in very good health and make quite a bit more annually then she did. Based on current rules, what are some things I should consider regarding her SS#, in relation to me taking benefits at 66 or at 70? Thank you, Bryan

Bryan,
Based on current law, your best strategy probably is to take your widower's benefit at age 60 and delay your retirement benefit until age 70. However, your should confirm this as you appreach 60 with a program like our MaximizeMySocialSecurity.
Best,
Mike

Posted: 
Jul 1 2016 - 8:00am
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