I was born in November 1944 and my wife in March 1952. I took my social security in November 2010 when I reached full retirement age. I am self employed and my wife is still working and plans to continue
working for the next 3-4 years. She will reach full retirement age around March 2018. Can she file and suspend at that time, and collect half my social security. Right now, I get about $2000/ month on my social security. When should she contact Social Security.
File and Suspend
I was born June 8, 1947. I applied for Social Security benefits and deferred before April 29. My husband's birthday is September 20, 1950. Both of us are still working. Can he claim spousal benefits even though both of us are still working? Thanks, Karen
My husband and is 71 yrs old he started collecting SS at 62. I am 66 yrs old started collecting SS at 62. Can I suspend collecting my SS now till I am 70yrs old to get the 32% increase when I turn 70 yrs old. Thanks, Dee
Hi Dee, yes now that you've reached your full retirement age (FRA), you can suspend your retirement benefit up to age 70 and earn delayed retirement credits of 8% per year applied monthly. But you won't be able to receive a spousal benefit while your retirement benefit is suspended. Thanks, John
I will turn 66 late June, 2016. Do I need to do the FILE AND SUSPEND Benefit? I am working at a state agency and plan to do so until I am 70 to get full retirement benefits. I was married for 10 years and have been divorced for 20 years can I file for spousal benefits while still working and then file on my work history at 70 for SS retirement. Thank you for your time.
No, you should not file and suspend. That would keep you from getting a full divorced spousal benefit.
Can a spouse who hasn't worked, draw Medicare A & B from their living spouse (whose possibly still working because the one that's working is 4 years younger) after having been married for over twenty years. I was told that the younger spouse - who's still working- can suspend at 62 and continue to work and the non working spouse could then draw off their record at 66. Thanks, Sadie
I will be 62 in October 2016.
My wife will be 62 in January 2020.
I have been reading your book and plan to enroll into your household website ($40) after I finish the book.
Here is my question:
Assuming we delay taking our benefits until we are at or closer to FRA of 66,
Strategy: I am thinking I should file on 7/1/2016 and then suspend sometime before I turn 62 in October 2016.
Do I qualify for spousal support if my wife applies and suspends her benefits at ( 66 and 6 months )? She is 64 and I am 58 and we both want the maximum retirement benefit at age 70. We are still employed, and would like to collect some benefits until we are eligible for the max benefit at age 70. best, Clarence
I am 66. My wife is 65. I am the higher earner and have a higher benefit. Are there any SS limitations that would prevent me from claiming a spousal benefit if my wife files at 65 v. 66? Thanks, Art
No, there are no limitations to your filing just for a spousal benefit starting at 66 because you were 62 on or before January 1, 2016. If you do this, you can wait until 70 to take your own retirement benefit at its highest possible value.
In June 2016 I will be turning 66. I am single and have worked as a public school teacher for 6 years. I have worked most of the rest of my career self-employed as an educator. I would like to know if I can still 'FILE AND SUSPEND' my SS Benefits when I turn 66. Is it still possible? (I understand the last date to be able to do this was April 30, 2016). I am hoping to be able to work until I am 70, however, should something come up and I cannot work, I thought this option would be a prudent choice. Please let me know if this is still a possibility for me? THANK YOU, Darlene
I’m going to repeat this information one last time, as it is so critical to so many people.
If you a) are between 66 and 70 or will turn 66 on or before April 30, b) have a spouse who was 62 before Jan. 2, 2016 or have young or disabled children (who became disabled before 22 and remained disabled) and c) want to provide them benefits on your work record while your own benefit is suspended (thus, letting it grow through its age-70 maximum amount), you need to file for your retirement benefit and immediately suspend it by or on this Friday!