I reach my FRA August 2023. My wife took SS at 62 and her FRA is May 2025. If I take my SS now and then opt to exit out before one year and repay my benefits and spousal benefits, will my wife’s spousal benefit recalculate to the new date I apply for SS? Thanks.

Hi. Yes. If you file for benefits now but subsequently withdraw your claim, when you reapply for benefits both your benefit amount and your wife's spousal amount would be calculated based on your ages as of your new benefit entitlement dates.

Hello I will be 62 on 2/8/23. I worked for the railroad from 1997-2016. I'm looking to retire at 62 and was wondering if you knew the benefit amount I would receive for the different age brackets from age 62 thru 67?

my sister lives right now in bosnia and hercegovina and she have social security after 65 and recently they asked her did she work anywhere before US and she said she did send them back paper she reciving about 150$ working 15 years in Bosnia and they cut her ss from 300$ to 180 after she said she worked before,i dont understend why?
thank you so much!Daniela and yes she is US citizen!

I made a call to SSA to find out what my benefits will be at 68. They gave me a total but I think it's incorrect. But, in their defense they said it was an estimate.
1) I did receive 8% for deferring calculations
2) I did not see any COLA increase calculations
3) SSA stated that I wolud need to apply for social security benefits & then appeal.
4) Why would I apply if they don't have a final amount?

Hi my wife born 01/03/1956 took benefits at 64. I then took spousal benefits. I plan on taking my benefits this year at age 70. Question will my wife’s benefit rise or stay the same? Thank you so much.

I reached full retirement age (66 4 months) in August of 2022. Trying to wait until 70 to claim due to delayed retirement benefit. Question is, do I get the guaranteed 8% and the just announced 8.7% COLA added to my benefit or just the higher of the two? No one, not even my financial advisor seems to 100% know the answer. Thank you!

Hi - thank you kindly for the explanation. I am looking for a clarification, in your answer below, her own benefit would have grown to $1,980 at age 70, however, would she still be eligible to full $2,000 of what the deceased husband was collecting? Own benefit $1980 + excess widowed $20 = $2000. Thank you. This is in response to "How Does Social Security Calculate Combined Benefits For A Widow?" answered on 11/11/2022, thank you very much.

A friend of mine has just retired at age 69. He will turn 70 this coming March 14, 2023. He plans to start taking social security benefits at age 70 to get the maximum benefit. He has been told that he can start taking the benefits this January, three months before his 70th birthday and get the full age 70 benefit amount. Says he has friends that have done it. Is he correct?

I have planned to wait to take my Social Security benefits until I turned 70. I'll start taking benefits on 6/1/23, but I'm thinking I might accelerate that date to 12/1/22. I looked at my SS statement and if I take the amount projected in December my benefit would increase by $265 in January, due to the 8.7% COLA. If I wait until June the SSS statement change is just $79. Seems like I would be missing out on $186/mo.
I understand that starting at age 62 the SSA starts keeping track of COLAs for those that wait to take their benefits. Here are my questions.

Hi - could you please help me with the following, Paul FRA 67, PIA $2,600/month, Susan FRA 67, PIA $1,000. They both intend on filing ASAP when eligible at age 62. The reductions are 30% for Paul, and some combination 30% for Susan for filing early on her own benefit and 35% for spousal Paul's. She would be eligible for $1,300 at her FRA. Reduction for Paul is straightforward, what are the logistics for calculating Susan's benefit? Thank you