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My wife started collecting Social Security at age 65, but it’s a tiny amount. I am planning on retiring in two years at 65 (67 is my full retirement age). Can my wife collect spousal benefits of ...
My husband began drawing his Social Security at age 62. He is 68 now (born in 1955), while I am 62 (born 1961). If I begin to draw my Social Security now it will be reduced, of course.
Image source: Getty Images. Qualification 2: You're at least 62 years old. Just like Social Security retirement benefits, you generally must be at least 62 to claim a spousal benefit.The same full ...
A spouse’s Social Security benefit is directly tied to the payout that the primary beneficiary receives. If your spouse files for benefits at age 62, your spousal benefit will be permanently ...
Social Security Planning Tips. A financial advisor can help you determine when to claim Social Security within the context of your larger retirement plan. Finding a financial advisor doesn't have ...
For example, if you are eligible to collect a reduced $900 benefit at age 62 plus 1 month, and your benefit would increase to $1,251 at age 65 and 10 months, your estimated break-even age is 75 ...
Social Security retirement benefits are based on payroll tax contributions while working, but you don't necessarily need to be the one working to claim them. A worker's spouse might also be ...
One claiming age is considerably more likely than others to maximize your lifetime income from Social Security. Is It Better to Collect Social Security at 62, 65, or 70? A Thorough Study Offers a ...