MY wife is 58 an d I am 67. At 66 I decided not to take my benefits until I reach 70. In 4 years when my wife is 62 can she get her SS Benefit (which will be only $ 225.00 per month) and then change over to 1/2 of my benefit (about $ 1150.00 per month) when she turns 66 yrs 8 mo? Thank You

Hi,

I reach age 66 in May 2017 and have enough quarters to qualify for SS. My wife is already 66 and does not qualify on her own record for SS or any other retirement. After reading through your column and purchasing your book there seems to be limited options for us to maximize our SS payment. I have to file and start collecting SS and they my wife qualifies for spousal benefits. To maximize my payment I would have to wait till 70 to file but during the time I am not getting SS my wife would not get her spousal benefit. Do we have any other option to maximize our SS income?

I am married and was born December 1949. I am 66 years old. I am employed and plan to continue to work daily. My wife was born January 1943. She is a homemaker and is not employed outside of the home. My wife is receiving a small social security benefit close to $900.00 monthly. My question is, "Should I wait to claim my social security until age 70? or, "Should I file for social security benefits now and delay them so my wife can receive a larger monthly social security benefit"?

Thank you.

Hi,

I'm 64 and retiring at 67. My wife is only 46, has a good job that pays more than mine. She may retire when she is 55. I will also collect a pension when I retire. Since my wife is so much younger, what would be the best strategy for SS benefits for us?

Hi,

66 and working great job and benefits like to retire this spring and collectSS. Numbers from income sourses after retirement do not and up. Unknown factor is cost of health ins. Can I claim SS and keep working. Stop working lose 3000/month net and replace with 1500month SS plus small 900/month pension. And small 200/month Ira

Hi,

My wife is 2 years older than me. Her full retirement benefit will be less than half mine. If she starts collecting before full retirement age, will the reduction in her benefit continue when I retire at full retirement age? For example, if the reduction in her payment for retiring early is $200/month, when I retire will she get half my payment, minus $200?

Hi,

I am halfway through the new revised edition of your book - and it appears I could have filed/suspended (but I bought the new book too late). Me, the higher wage earner, born in October 1949, has retired and NOT taken Social Security. The wife, born August 1951, with several zero years (raising a family) is now making over 100K, and her desire is to work for two possibly three more years. Any options for us other than both of us waiting until 70 to get full DRC's?

Hi Larry and Team,
My wife and I have purchased your software, but still need help regarding "File and Suspend" as the local SS office has different answers depending on who you talk with.

If I retire next July at 66, (which I won't) I would receive $2K/month. My wife who is older than me (70) is already receiving $700/month. Should I collect half of her PIA next July or can she collect half of mine even though I am still working. Also, if I start collecting on her amount, can I sign up several months early without having to refund some of the money? I will be earning over the max limit by next July.
Thanks,
Mike

Hi Mike,

Larry, I'm reading your book, "Get What's Yours" and still don't understand one issue. My wife and I are both 62 and she worked early in life but is a housewife now. Her social security benefit is approx. $400 a month if she draws now. Can she draw that now and then switch to her spousal benefit when I start drawing my benefit at 66 or 70. I'd hate to leave $400 on the table for 4 or more years. I couldn't find that "Deeming" prevented this. Thanks.

Hi,