Family Benefit Maximum
Hi Larry, if I may, I have a few questions.
I am married with a disabled child who was disabled before age 22. I will be electing to take early retirement this April (Birth Month) at 62. My PIA is $1,149. My reduced benefit would be $828./monthly. Auxiliary Benefits for other family members are $862./monthly, with a Family Member Benefit (FMB) of $1,724./monthly. My wife will be 60 in February and will continue to work.
I plan to file for SS at age 62, this year. My estimate for early retirement is $1986/mon. Full retirement amount shows $2755. I have a disabled daughter presently 35 but disabled pretty much from birth. When I called the SS office, I was giving an approximate amount for my daughter somewhere in the $900 figure. I have read in your forum that child benefit could be based on 50% of my full retirement amount. I was expecting to hear a figure of around $1377.5 based on my full retirement. My family max is $4822. My question is; am I correct
When there are 2 saves earners in the family, is there a maximum amount each can receive when filing on their separate work account? Is there a household maximum when filing this way?
No, there's no set limit on how much a couple can receive in Social Security benefits based on their own earnings. Each member of a couple can be paid their full benefit rate no matter how high the benefit amount is.
Must a Combined Family Maximum be used in my case, even though my spouse's and disabled adult child's amount needed from my record fit under my individual record's Family Maximum?
I am a divorced spouse, with 2 disabled children. The children's father took early retirement in May 2018 at age 62. I am also 62.My SS started out at $1034. My boys started at $1236 and my ex started at $2101...The first payment was June 2018. The checks increased in January for cost-of-living.
My husband's benefit is 2733 per month. His PIA is about 2297 and his family maximum about 4020. I am 66 and filing for only spousal benefits
My husband has a disabled adult son, who has been disabled since age 7.
After subtracting my husband's PIA, one would assume that his son, and I would each receive 861 per month.
I just turned 62 (Dec 2018), but plan to wait until FRA of 66 & 4 months to claim. My projected benefit will be $2866 per month. At that time my wife will just turn 63 and we plan to have her take a spousal benefit of $1433 as that would be larger than her FRA projected benefit 4 years later. We also have an adopted minor child who at that time could get a benefit for another two years. After reading Get What's Yours- Social Security, it sound like our full family benefit would be 1.8 times my FRA benefit ( $5158.80 ), is that correct or will the family limit be lower?