Spousal Benefits

Can My Wife Claim Benefits On My Record When I Start Drawing?

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Hi Larry-this is a follow up question to my recent query (Jan 5th). I'm 66 on Jan 23 2017. My wife filed on her record early (at age 62) in 2008. Assuming I can apply for spousal benefits on her record and can delay collecting on my own record-when I eventually file for SS on my record can my wife then claim a spousal benefit on my record?

Hi,

Potentially yes, but she'll continue to receive her own reduced benefit rate.

When Should I File For Spousal Benefits, And Can I Continue Working?

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My wife was recently approved for SS disability retroactive to September 1, 2016; she is 62 years old. I am 67 years old and am still working full time. I plan on retiring on June 30, 2017 and currently have a request (dated October 4, 2016) into SS for withdrawal of my suspended retirement application; I have received no SS payments as a result. I have planned to defer taking my SS retirement until age 70 to accrue deferred retirement credits.

Can I Receive Spousal Benefits At Age 62?

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My wife is 66 collecting social security I'm 61. AT 62 can I collect on any of hers or do I need to file my own at 62.

Hi,

Whenever you filed for spousal benefits, you would be deemed to also be applying for benefits on your own record. So, the only way that you will receive any spousal benefits is if your wife's full retirement age benefit rate is more than twice as much as your own. And if you start benefits at age 62, your benefit rate will be reduced by more than 25% from your full retirement age rate.

Best, Jerry