Spousal Benefits

Isn't The Spousal Benefit Always Half?


Hi, I joined and ran your software and have a question about the results. It recommended that I take spousal benefits when my wide turns 66 this November. And she takes her full benefits. Then when I turn 70 in 2023, I take my full benefits and she takes her spousal benefits. My spousal benefit comes to half her benefit. From the report at age 71 in 2024, my benefit = $44,917. My wife's benefit = $9786 and her spousal benefit = $7228. Added together this is $17014. This is not half of my benefit. What am I missing here. We thought that spousal benefit is always half?

Would I Get Half Of My Husband's FRA Rate If I File Now?


Hi Jerry,

Thank you for your assistance, I greatly admire your immediate response. I do have another question based on your response, for clarification and understanding.

My husband took early social security at age 62, his FRA at the time in 2017 was the amount of $2254. (of course he gets much less because he chose to take it at 62)

I was born October 1955. My own social security at FRA would be $1026. If I would apply for spousal benefits now, what would I receive, -would it be $1127?

Can My Husband Start Drawing His Own SS At FRA And Later Switch To A Spousal Benefit When I File?


My husband is two years older than me and will reach FRA (66) in September 2019. He has contributed way less to SS than I have, and the SS website shows us that, under any scenario, he will get more by taking a spousal benefit than taking his own benefit. Question is: Can he start receiving his own SS in September 2019 and LATER SWITCH to a spousal benefit when I apply for my own benefits (at my FRA or later)? If so, are there any specific things he has to ask of SS (like restricted application, etc.)? ... BTW I love "Get What's Yours."


Do I Have To File For Social Security At FRA In Order For My Wife To Draw Up To Half Of My Benefit Rate?


My wife and I both turn FRA (66) this year. She before me, by about 5 months. She was a homemaker for most of our life together and barely had enough credits to qualify for Medicare at age 65 (in 2018) but she made it, and has now filed for SS at age 66, with a monthly earning of about $200 at FRA. I am still working full time and make well over 6 figures. It is my understanding that I have to file for SS at FRA in order for her to draw up to 1/2 my SS earnings? Is that correct? Will SS automatically switch her to the higher amount whether I file or not?

What Do We Do When My Wife Reaches Retirement Age?


I became 100 percent disabled at 57. I am married and now am 68 years old. My SS was called a disability l until I became retirement age and now my payment is called SS. The amount did not change just what it is called. I get around 2000 a month. My wife and I raised 3 children and she stayed home to take care of them. They have done well. One lawyer, one nurse practitioner, and one computer engineer. My question is, my wife is 60 years old and I would like to know what to do when she reaches retirement age. We have scraped by for a long time on what I receive.