Filing Options

My FRA was in February 2020 at age 66. I did not file for social security benefits at that time. It is now January 2021 and I am considering filing a six-month retroactive claim under my own record. I do understand that my monthly benefit will be calculated based on what I would have been receiving then if I had filed at that time. I do know that I will receive the previous six months in one lump sum and moving forward will receive a reduced amount. As stated before I would be filing under my own record. I am married. My husband is not drawing social security.

Hi Larry,
My question pertains to spousal benefits. I was born in 1955 and my wife's birth year is 1960. My Social security will be $3095 at FRA and hers will be $905. I intend to collect my SS at maximum age 70 years. If my wife, applies for her SS at FRA, can she also apply for spousal benefits when I start collecting my increased SS when I turn 70? If so, will her benefits be sum of her initial amount plus half of mine ($3095). Thank you

Hi,

Hi Larry,
I began collecting my SS benefit at full retirement age. I am currently collecting $3,O00 monthly. My wife would like to retire at age 62. At full retirement age, she would receive $1,980 monthly.

How much will her monthly benefit be is she claims spousal benefits at age 62?

Thank you

Hi,

Hello,
I am currently working and living in the Netherlands. I have lived and worked overseas for the past 17 years. My home state is Iowa. I turn 65 in July, 2021. I was married for 17 years. I have not remarried since my divorce in 2001. My question concerns whether it would be more advantageous for me to collect on my ex-husbands SS rather than mine. I worked stateside in Wisconsin for 17 years. My ex-husband has been collecting on his SS for 6 years. He turned 69 in December. Your advice is appreciated. Regards.

Hi,

I have been collecting SS since I turned 66 1/2 as a widow (survivor) under my ex-husband's account. I did not retire until August 2019 from my federal job. I have turned 70 (Dec 2020). Am I now required to switch to my own account as I am now 70 yrs. old? There is a substantial difference between what I have been receiving and what I would receive under my own ss. Do I have the option of continuing on my survivor account?

Hi,

I have been receiving benefits from my husband's account for three years on a restricted application. I would like to start benefits on my own account for one year at the age of 69. I will then withdraw my application, pay it back and then file again At age 70. I need the extra income but will have the money to pay it back in one year.

Hi,

Hi Larry,
My question is .....i am a widow and started drawing my on my late husbands social security when I retired at 66 1/2. I was told I could switch and draw on my social security at age 70...true or false? Thanks Diane

Hi Diane,

I turn 70 in October 2021. People tell me if I file for benefits to start earlier in 2021 than October, I'll get almost the same amount. Should I do that? I'm still working so my plan would be to bank all or most of the SS benefits.

Hi,

I have been on disability for a number of years. I turn 66 this month (December) and received a letter stating my benefit will convert from disability to retirement. Same payment.
Can I choose to defer my retirement payments in favor of increasing the benefit?

Hi,

I am 63 yrs old and getting ready to retire but I want to apply for disability because I having problems with my hands and I work on a computer. Can you suggest the route I should take.

Hi,