I was born in 1950 and my wife in 1953, we are both working full time, and neither of us has filed for social security. Before she turns 66 next September, should I file and suspend so at 66 she can file a restricted application for spousal benefit only while both our "primary" benefits continue to grow at 8% or must I be actively receiving my primary benefit? Parenthetically, 50% of my benefit would be less than her "primary" benefit were she to apply for that. Thank you.

Hi,

It wouldn't help for you to file for and suspend your benefits because your wife couldn't be paid spousal benefits on your record while your benefits are suspended. This is due to the Social Security amendments passed by Congress in 2015 (https://www.ssa.gov/planners/retire/suspendfaq.html). In other words, the only way your wife could receive spousal benefits is if you're actually drawing your benefits.

I can't really give you any advice regarding your best strategy without additional information. You and your wife should strongly consider using our maximization software in order to explore and compare your various options so that you can choose the best possible strategy for claiming your benefits.

Best, Jerry