Filing Options

Should My Wife File At FRA To Get 50% Of My FRA Benefit?

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I am married. I was born in Dec. 1953. My wife was born in Sep. 1954. I am currently working full-time, maxing my 401K and company match. I am enrolled in an HDHP medical plan at work and maxing out my HSA contribution. My company has well over 500 employees. I plan to work for another year or two. My question is should my wife start taking Social Security benefits this year on her birthday when she reaches her full retirement age (FRA) and get 50% of my FRA benefit? Fortunately, we do not need the money at this time. I have not filed for Social Security or medicare.

Can You Draw Two Benefits?

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I am widowed as of 2014. I am 59 years old. I need help determining if I should draw my widows benefit at 60 or wait until later in my retirement. Full retirement age for me is 67. I would like to continue working part time. I was told I could earn approx. $17,000.00 a year in income if I do draw social security benefit. Can you draw 2 benefits? One for myself and one on my deceased husband. I have had a lot of conflicting answers. Thank You

Hi,

I'm sorry for your loss.

If I Die Can My Wife Suspend Her Benefits And Draw Widow's Benefits Instead?

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Hello Larry, My wife and I were both born in 1953. Our PIA's are almost the same. She began her benefit in 2019 and I started my spousal benefit based on her record, deferring mine until I turn 70. If I should pass before then, can she suspend her benefit, take a widow's benefit and let hers accumulate DRC's until she turns 70?

Hi,

Can I Temporarily File For Social Security And Then Stop The Payments When I Resume Work?

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Hello Larry I am just over 62 1/2 years old and eligible for SS.
I was working full time but was furloughed due to Covid-19 social distancing rules. I will return to my full time job when this horrible plague changes the social distancing regulations.
I am eligible for unemployment and will also receive the care act funds.

My question's are can I temporally file for social security during this down time and then stop the payments after resuming my full time job? Is there any downside to this thinking?

Hi,

Can I Draw Spousal Benefits Now And Then Revert To Mine When I'm 70?

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My wife is 8 years older than me and filed and suspended just prior to the deadline in 2016. So, she's grandfathered in when the new Budget Act closed the loophole. She waited until 70 to start drawing her benefits. I am yet 2 years away from getting to full retirement age. The one caveat is my social security benefit will be substantially more than hers when I reach full retirement. Can I file and draw spousal benefits now and then revert to mine when I reach full retirement age... or 70... without a reduction, penalty, etc.

Can A Remarried Widow File A Restricted Application For Spousal Benefits At Age 62 And Switch To A Higher Widow's Benefits At FRA?

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Hi,
I'd like to know if a widow, who remarried after age 60, can file a restricted application at age 62 to collect a spousal benefit on her new husband's record, then switch to the higher widower benefit at full retirement age. Also, wondering if she could alternatively restrict application to her own record at age 62 and later switch to widower benefit. Thanks!

Hi,

Can I File For My Own Benefits Now And Then Switch To My Late Husband's Higher Full Rate At My FRA?

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My 74-year-old husband passed away in December 2018. He had waited until age 70 to receive his Social Security benefits. A few months after his death, I turned 62 (last May). When I went to Social Security in Boston (where I successfully filed for survivor benefits for my son) I was encouraged to file for my husband's reduced benefits as a widow.