Ask Larry

Spousal Benefits

What Age Is Used To Calculate The Amount Of Reduction Applied To Spousal Benefits?

Hi Jerry-thank you, going back to prior question/answer.
Assume Jane’s PIA at FRA 66 is $1,000. She claims early at 62, 25% benefit reduction, she receives $750.
Her husband files at his FRA and receives PIA $2,600.
Jane at that time is 65 and would be eligible for 50% of his, but she is not, she would get:
$2,600/2 - $1,000 = $300, which would be further reduced since she claimed early.

Posted: 
Saturday, April 9, 2022 - 08:10

Can You Clarify How Reduced Spousal Benefits Are Calculated?

Hi Jerry - there seem to be two conflicting answers about Spousal Benefits. One in section Spousal Benefits March 26, 2022 12:14pm "Will my wife be able to get half my social security when she turns 65" and the other in section Spousal Benefit Nov 9, 2019 10:03am If my wife starts collecting her benefits at age 62 will her rate change to half of mine when I file for my benefit". Is the reduced spousal based on age when the wife originally filed 62 or 65 age she was when the husband filed at his FRA. Thank you

Posted: 
Friday, April 8, 2022 - 19:46

Can I Receive Spousal Benefits From My Wife's Record When She Turns 62 Even If She Isn't Drawing Benefits?

Wife will turn 62 in May. She isn’t filing but I receive $800 per month SS. Can I file for part of her projected SS now? I just turned 70 a Veteran and could use the extra monthly. We have been married 30 years. I did not pay into SS latter part of my working carrier.

Posted: 
Tuesday, April 5, 2022 - 14:16

Is My Husband Eligible To Claim Spousal Benefits Now At Age 67 When I'm Age 50?

I am 50, my husband is 67 and he is fully retired. I have more than 40 quarters and he does not have enough quarters on his own. Is he eligible to claim spousal benefits now?

Hi. No. The soonest that your husband could qualify for spousal benefits is when you start drawing either Social Security retirement or disability (SSDI) benefits. The earliest that you could claim retirement benefits is at age 62, so the only way that your husband could get spousal benefits before then is if you become disabled and qualify for SSDI benefits.

Best, Jerry

Posted: 
Tuesday, March 15, 2022 - 12:40

When I Start Drawing At Age 70 Will My Wife Get 50% Of My Age 70 Benefit Rate?

It's a simple question but I can't find a straight answer. I am married my wife is 2 years younger and works part time.
If I choose to wait until I turn 70 to collect SS my monthly payment will be $4000.00. My 68 wife is entitled to 50% spousal benefits so thats $2000.00. correct?
So combined I am expecting to have SS combined payment of $6000.00 a month. Correct?
My simple question is...Is there a monthly limit for us? Is SS going to tell us that the max limit for a married couple in this case is less than $6000?

Posted: 
Monday, February 28, 2022 - 12:30

How Soon Can I Start Collecting On My New Husband's Record?

I am currently collecting social security benefits on my ex husband, who i was married to for 38 years. I am going to remarry this year. My new husband is collecting his social security. I realize I won't be able to collect on my ex husband anymore, How soon after I get married ,can I expect to start collecting on my new husbands social security? His amount is higher than my own amount.

Posted: 
Tuesday, February 22, 2022 - 16:47
MaxiFi software running on a laptop
Get What's Yours!
Discover tens of thousands in extra retirement dollars with Maximize My Social Security software!
  • Find your maximized strategy
  • Unlimited what-ifs
  • Step-by-Step filing instructions
  • Our software's lifetime-benefit increase for an illustrative couple earning $65K each and planning to take retirement benefits at 62.

    Results will differ based on your specific case and filing strategy.

Getting Started is Easy
Web-based software. Works on ALL browsers. No download.