I am 64 this October. I earn 55000 a year. I have a widow's benefit of 1100 available. My plan is to draw the widows benefit at 66 to avoid the earnings penalty and continue working. Is this the correct timing to maximize my income. Thank you.

Hi,

My husband died (Sept 2018) when he was 63 and he had not started drawing his social security. His full retirement age would have been 66 and 2 months. I will be 60 in December. I had a phone meeting with social security on Monday to check on widow benefits. I am going to continue to work and will not be eligible to draw anything due to making too much. My question to social security was can I draw my benefit when I get FRA and then change over when I am 70 to my husbands and draw what he would have at age 70.

I was born in 1953 and plan on working until I am 70. My spouse was born in 6/1954 and is not taking on as many clients in her sole proprietorship business where she works out of the house. I was hoping I could file a restricted application now where I would not collect my retirement benefit at this time then my spouse could file for my spousal benefit at this time. Apparently, reaching maximum doesn't work that way.

My PIA is estimated to be about $3,000 at age 67. My wife's about $400. We are both currently 61. I plan to start my social security at age 70. Should my wife file for her own social security at 67 snf then apply for spousal benefits on my record when she turns 70 or is there a better approach?

Hi,

Larry I turn 68 January 2021 I was planning on waiting until age 70 to start drawing my Social Security. I currently receive 1/2 of my wife's small benefit. She retired at 62. My question is will my age 70 Social Security benefit be reduced due to all these changes of Full retirement Age?
Thank you

Hi,

Hi Larry,

Larry I’m 62 will be 63 in October making 35-40k a year no savings know I will have to work till the end. When would it be best to collect ss

Hi,

That depends on a number of factors you haven't mentioned, but in general if you can afford to wait it's usually best to start drawing Social Security retirement benefits at age 70. You never know how long you'll be able to continue working, and waiting until age 70 to start drawing your Social Security retirement benefits would provide you with your highest possible monthly benefit rate.

I'm age 66 and collecting spousal benefits. I haven't used my retirement social security benefits yet. I am not retired but I have lost my job because of the panademic at this time. I plan to sign up for retirement when I'm. Age 70. My question. When I retire will I lose my. Husbands ss benefits. Will I get one check or two. Pls let me know thanks Mary

Hi Mary,

I am 65 as of march, i have been collecting survivor benefits since i was 62. At what age do i have to switch to my own ss. Yes it will be higher. Can I wait till fill retirement age?

Hi,

My wife and I both will retire in 2022,I will be 62 she will be 63, social security shows her at 750 a month and me at 1950 a month at that time.Would she receive more if she filed for spousal benefits?

Hi,