Ask Larry

Spousal Benefits

Is It Correct That My Wife Will Get Half Of My Benefit Amount When I Start Drawing My Benefits?

My 73 year old wife worked for a few years and began taking her SS benefit at her FRA. I just turned 69 and plan on filing for my benefit at age 70. I paid into SS for nearly 40 years and have by far the greater benefit due. I understand that when I apply, she will be entitled to an increased benefit which will equal 50% of my benefit. Is that correct?

Two questions: I turn 70 on February 8, 2024. (1) Specifically what date should I file for my benefit? (2) Does my wife need to take any action with the SSA people, or will my filing automatically include her?

Posted: 
Monday, February 27, 2023 - 09:35

How Much Will I Receive As A Spouse?

I will apply for spousal benefit SS when I turn 66 and 8 mo. in Dec. 2024 (my full ret. age). My husband began receiving SS just past his 65th birthday, at his full ret. amount, in Oct. 2019. It seems from your prior answers that I will miss the COLA increase credit in Jan 2020 because I didn't turn 62 until April 2020. Can I calculate my benefit in 12/24 at half of his Full Benefit in 2019, plus any COLA beginning Jan 2021? So my anticipated benefit will still rise until I reach Full Retirement age?

Posted: 
Saturday, February 18, 2023 - 10:57

Would You Look Into Social Security's Inaccurate Spousal Benefit Estimates?

Larry - I don’t believe the “Spousal Benefits for Current or Former Spouse” section in the “my social security” website is accurate. Per the my social security site, my age 70 delayed monthly benefits are estimated at $4501 (I turn age 70 in August 2023). I believe this amount is fairly accurate. However, the my social security site calculates my wife’s monthly spousal benefits at $2171 (when she reaches her FRA (66& 6 months). The $2171 is 50% of the $4342 monthly amount shown for me if i were to start benefits today at age 69 & 5 months.

Posted: 
Thursday, January 19, 2023 - 17:23

Am I Eligible For A Spousal Benefit?

Hello,

I began taking Social Security at age 63 (about 4 years ago) and at that time my husband (5 years my senior) signed up for a spousal benefit and began collecting half of my payment while deferring his own SS. When he turned 70, he began collecting his own SS, which is more than double my payment. Am I eligible for a spousal SS benefit?

Many thanks!

Posted: 
Wednesday, January 18, 2023 - 18:34

Can My Husband Claim Spousal Benefits WIthout It Affecting His Civil Service Pension?

My husband worked most of his career with the federal government, not paying into SS. He does, however, have enough credits to claim a small amount of SS benefits. I am retiring in March, 2023 at age 70. What are our options? Can he claim spousal benefits or file on his own without it affecting his civil service pension? He is 75 years old and not working. Thank you!

Posted: 
Sunday, January 15, 2023 - 14:46

Can I Collect Half Of My Husband's Benefit And Stop Drawing My Benefits?

I started taking SS in 11/2020- I was 63 and 9 months at that time. My husband is 5 years older and he was not collecting( waiting until he would turn 70) He was able to collect 50% of mine. Now since July 2022 he has been off mine and collecting his own I now want to collect half of his and go off mine as it is greater. Can I do that? I tried to do it online but it won't let me. The SS office here is a nightmare so if I have to go I want to know my status first.
Thanks!

Posted: 
Sunday, January 15, 2023 - 12:57

Can I Collect Half Of My Husband's Benefits As Well As My Own?

I need clarification on spousal benefits... my husband receives $3000 a month before taxes, I receive $1600 a month. We are both 66 years old. Are you saying that I can collect 1/2 of my husbands benefits as well as my own?

Hi. No. The only way that you can collect a spousal benefit in addition to your own benefit is if your spouse's primary insurance amount (PIA) is more than twice as much as your own PIA. A person's PIA is equal to their Social Security retirement benefit rate if they start drawing their benefits at full retirement age (FRA).

Posted: 
Monday, January 9, 2023 - 10:45
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