I would like to know if I am understanding this correctly. I am 63 yrs. old. I have to wait until my full retirement age of 66 and 2 months to receive spousal benefits, then collect my own at age 70. My husband is already collecting his full benefits. Thank you

Hi,

No, that strategy won't work for you. Congress changed the law in 2015 to require people born after January 1 1954 to also file for their own benefits whenever they file for spousal benefits, even if they file for spousal benefits at full retirement age (FRA) or later. If you had been born prior to January 2 1954, then you could have used the strategy outlined in your question.

You may want to strongly consider using our maximization software to explore and compare all of your filing options in order to identify which strategy would be best in your case.

Best, Jerry