I am 67 when I was 66 I was allowed to file and suspend ( I did this due to poor health outlook).My health has since improved and if all goes well I plan to return to
regular benefit at 70. I believe I can do this since I have not received any money. Is that true?Also my wife turns 62 this year and I like her to file for a benefit on my record
since the pay out would be much greater that way. I believe if she filed under her own record under the new rules she will not be allowed to switch to her spousal benifit
later, Is that true? My most important question is if she files for her spousal benefit now and I believe soc, security will allow this, what happens if I want to unfile and receive my regular benefit at 70? Do we have pay S.Sec. back something will they allow to revoke my file and suspend?

Hi,

If you filed for and suspended your benefits without having received any payments, then yes you can wait until age 70 to start drawing your benefits. And in that event you would receive your full age 70 rate inclusive of the maximum percentage of delayed retirement credits. In that regard, there is essentially no difference between filing for and suspending your benefits or simply not filing for your benefits until age 70.

Your wife could only receive spousal benefits from your record during the time that your benefits are suspended if you suspended your benefits prior to April 30 2016 (https://www.ssa.gov/planners/retire/suspendfaq.html). Furthermore, since your wife was born after January 1 1954 she could not file for spousal benefits without also being deemed to file for her own retirement benefits (https://www.ssa.gov/planners/retire/deemedfaq.html). So, since you've apparently already filed for your benefits even though they are suspended, your wife will be deemed to be filing for both spousal and retirement benefits whenever she files for either, and her benefit rate(s) will be reduced if she starts drawing before her full retirement age. If your wife files for benefits while your benefits are in suspense and if you suspended your benefits after April 29 2016, then she could potentially first receive just her own retirement benefits and later start receiving spousal benefits when you start drawing your benefits.

I'm not sure what you're alluding to in your last question. If you haven't drawn any benefits then there wouldn't be anything to repay at the time that you do start drawing. And, if your wife is permitted to receive spousal benefits while your benefits are suspended then she would be entitled to keep those benefits regardless of when you decide to start drawing your benefits. I hope that answers your question.

It sounds like you and your wife have a number of possible filing options available to you, so you should strongly consider using our maximization software in order to compare your options and determine your best overall strategy.

Best, Jerry