I plan to begin collecting social security payments next year at age 70. At that time, my wife plans to begin collecting spousal benefits based on my earnings. My PIA at FRA was approximately $2,166. Will my wife's spousal benefit be based on that amount, or will the COLAs between my FRA and age 70 be used in calculating her benefit?

Thanks!!

Hi. Your wife's unreduced spousal rate will be calculated based on 50% of your primary insurance amount (PIA) at the time she files her claim. That would include any cost of living (COLA) increases that have occurred since you reached full retirement age (FRA).

Best, Jerry