Ask Larry

Is There Any Chance of Either of Us Getting Spouse's Benefits?

I am 67 and have deferred my social security (letting it increase until i'm 70). At 66 it would have been $2500/mo.
My wife turns 62 in Nov 2016. Her current projection at full retirement age is $2400/mo.

Is there any chance of either of us getting spousal benefits?
Thanks!

For either spouse to receive a spouse's benefit the other spouse must have filed for their retirement benefit. Since you were born before 1 Jan 1954 you can file a restricted application for spouse's benefits only, your wife can't. Our software, MaximizeMySocialSecurity can determine what filing
strategy works best for you.
Best,
Mike

Category: 
Posted: 
Jul 6 2016 - 3:00pm
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