How To Calculate Spousal Benefits (Without Missing One IMPORTANT Step)

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The calculation for Social Security spousal benefits seems really simple...until you introduce the multitude of "what if" variables. Thankfully, even then it can still be simple to understand.
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6 сен 2024

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Комментарии : 88

@Motojo459 9 месяцев назад

This was exactly what I needed. My wife is 3 years older and the lower earner so it’s been hard to find information on that scenario. I also really appreciate your cheat sheets. Thanks for all your help

@MrGoodaches 2 года назад

Using the round numbers in the simple tables is what made this convoluted topic so clear. I've saved it to share with my wife.

@LeeH-Ranger83 2 года назад

Great video. Is a local SSN Administration office able to sit down with a couple as they get closer to the FRA for the primary individual to come up with the calculations as well?

@alphamale2363 2 года назад

Very good. But see 2:48. It is confusing that you sometimes use the term “spousal payment “ to refer to the full payment and other times use the term to apply to the “top-off”.

@jeromes58 Год назад

My wife filed for Social Security when she turned 62, Nov 2021. I’m filing for Social Security at 65 and four months this December. Does my wife need to file again to start her spousal benefit, Or will it automatically get updated in the system since she filed before me.

@davenone7312 2 года назад

Devin. I think your confusing people as to how the deduction is applied. It is applied to when you start the spousal benefit, Not when you started to take your Social Security. For instance. If your spouse takes social security at age 62 but applies for spousal at FRA there is no deduction.

@SENDEREYVIDEO 2 года назад

Hi Devin, Great Video !! I'm 65 and getting higher SS benefits then my wife , my wife is 62 and started to get her SS benefits in November , how long it takes for the Spousal benefits to kick in? (SS website still shows still under review)

@davebrown8278 2 года назад

I have questions regarding spousal benefits after divorce.I was married 33 years worked asan RN, became disabled during divorce and my SSDI is 1344$.My ex still works as an RN and makes great money. He is 65 and not claiming for benefits.I assume he will work until 72 years of age. I am not remarried and dans curious how do I get his benefit and approximately how much it would be? I believe he will receive maximum SS benefits.Thank you

@carimarichal 3 месяца назад

The time the husband files for retirement, is the amount taken into consideration not the actual amount he receives years later, therefore the wife who files for the spousal benefits at 66 and six months receives a lot less money like $63.00 compared to 247 dollars. It is a loophole no one is aware.

@glendabrekke5475 9 месяцев назад

I applied for spousal benefit. My X did not retire yet. He is 70 in April and plans to retire and still work part time there. They gave me 34.00 for spousal. Shoul I have a redo for my s.s in April when he takes his? I took my s.s. at 62. So would I get 50% of his s.s. then? Since I filed for spousal in June 2023. I am 67

@rogermasadi8856 Год назад

Very clear to me now

@Jamie-z6p 9 дней назад

If I am 46 I work full time. My ex husband is deceased and I’m raising our 13 year Old. She qualifies for benefits. I received a letter in the mail that my benefit will be 1560 each month. Since I make more than 22320 will I not get this benefit payed out to me until I’m 62?

@tond2085 Год назад

Hi Devin..I'm divorced 20 years since then my x wife passed she was only collecting $700 a month SSI..never remarried...am I entitled to any of that money...thank you for your time I really appreciate it..Thanks Devin.

@anthonyrichardson7543 2 года назад

Great info Devin!

@Mr51Caveman Год назад

So confusing! I have been getting Social Security Disability pay since I was about 58. I am now 64ish. As I understand I will lose the SSDI when I'm 66 and 10 months. I think. Confused about that too! Anyway my wife filed for her regular SS a little over a year ago at 62. She's only getting about $550 a month. I'm getting about $2k a month. Will I get my regular SS at around 67? And if so will her benefit amount increase?

@josep.364 2 года назад

I am 62 yrs old. I took early retirement(SS) at this year(April). I am receiving $1726.00 monthly. Also got married in March of this year too. My wife(61 yrs old) is receiving SSI for the past 6 yrs of $(SSI)794+$160(state-CA) of total $954.00. My question is can she use her SSI until she turn 66 yrs old, then turn around use my SS? I do receive my pension, if you needed to know. I we have phone interviews this 29 of December with SS. Hope you get this in time to answer me back. So I know on options.

@mariannreid3120 2 года назад

I am Soon to draw my full retirement age benefit, if my SS benefit will be higher than 1/2 of my spouses full benefit. I assume there is no extra benefit to me from his earning record? Great video by the way!

@sreindl1 Год назад

Is the spousal benefit, in a case where the higher earner files at age 70, based on one half of the age 70 benefit or one half the FRA benefit?

@loriwhinery3210 2 года назад

That last part was confusing. I started drawing at 62 a little over 700.00, my husband doesn’t want to draw until his full retirement at 66 1/2 so my payment would drop to 70% of what I get so down to about 490.00 but then I’ll get 70% of my husbands when he files?

@davenone7312 2 года назад

No the benefit starts when you take the spousal benefit, not when you take social security. So if you wait until you are at FRA to begin taking spousal benefits there is No reduction.

@danielmeegan6259 2 года назад

Thanks Devin

@robertvittetoe6158 2 года назад

I never hear experts explain situations like ours. I’m the higher wage earner and am just turning 62 next month. My wife is at her full retirement age of 66 & 2 months. She filed at 62 and I have not filed. My full retirement amount is 2500 and her FRA in early 2017 was 929. She receives less for taking at age 62. I’m not clear on fighting her spousal benefit and are we leaving money on the table by me not claiming early since she is at her full retirement age?

@HoleTesla 2 года назад

From what Devon says, her spousal benefit would be (2500/2-929)=321. If you file at FRA, that amount should be added to her current check (which should be 929*.7=640 since she filed at age 62). From what Devin has said (and hopefully he will correct this if I'm wrong), if you filed at 62, she would immediately get that full spousal amount of 321 (since she is already at FRA), but your benefit would be decreased to (2500*0.7=) 1750.

@robertvittetoe6158 2 года назад

@@HoleTesla appreciate it! That’s about what I was figuring. My figure is a little less because I added the annual cost of living allowances since 2017 to the 929. What I can’t answer is it better for me to claim early or wait.

@davenone7312 2 года назад

@@HoleTesla The spousal benefit does not care when you started taking social security. It's when you start taking the spousal benefit!

@davenone7312 2 года назад

My wife just started getting spousal benefits this Oct. She started taking her $212 a month when she was 62. She is now 65 and 5 months. Her reduction was reduced by her age when she started taking the spousal benefit (65 & 4 months) Not from when she started taking her social security (62)! Her check went up by an xtra $563 per month

@sidallen685 2 года назад

I have been disabled for 10 years and my wife is 55 and still works, is she eligible for spousal benefits under disability benefits?

@nelsonpquintana3432 2 года назад

Hi Devin: In the example you showed, the spouse own benefits is lower than the 50 % of her Husband. So, How does SSA calculate when the Wife own earnings benefits exceed the 50% of her husband? Another question: If a husband at FRA file for benefits ,does automatically the spouse has to file for benefits? Can his wife start receiving spouse benefits. And switch to her own earning at FRA? As usual, your response are always wise. Regards NQ

@richardscott9840 2 года назад

What about if the primary is getting SSDI benefit pmnts and the spouse starting getting SSDI benefit payments 3 yrs later? Can the primary stay on SSDI until 67 or does it automatically change over to retirement benefit pmnts at 62. And will the spouse be able to get spousal benefits?

@sharondavis3153 8 месяцев назад

I need help my common law spouse of 18 years passed away in 2009 at the age of 36 . . He died from a heart condition that occured before he turned 18 . . We have 3 biological children the youngest was 18 Mo's old when he passed away . . I have never received benefits for my children . . They say he was a quarter shy of the credits he needed but shouldn't the fact that he was disabled before he was 18 be considered or couldn't they go of my credits . . Life has been rough for us and I'm in debt up to my ears and my parents have used my inheritance to help me raise my kids . . Can you please help me to understand why this is or if there is something I can do to change it or get money for my youngest who is still a minor

@mer58lin 2 года назад

Sorry if I'm more confused...but maybe I'm not. The wife filed at 62. We have a 11 year age difference. If I file in the next year from your explanation I gather that her spousal benefit may well be zero. We dont seem to be able to get answers from SS about this. Am I wrong? Knowing this will affect my decision of when I file or if I just simply need to keep working until I expire.

@mer58lin 2 года назад

@Devin CaroII° Thank You for the response. I'm sorry but the answer I'm trying to get to is will she qualify for an increase in her benefit from the $550 that she now gets to about half of what I will get when I file or will she get zero spousal benefit? If it is zero I will need to keep working until I cant. Thanks Again.

@edsiler3260 2 года назад

Her possible additional spousal benefit is 50% of your FRA benefit (regardless when you file) minus her FRA benefit. Reduce that amount based on her age at the time you file. That's the ADDITIONAL amount she'd receive. Study the video from 8:40 on, covers that exact thing. Her $550 benefit is based on her age of 62 when she filed, but her spousal portion will be based on her age when you file & she becomes entitled to that portion.

@mer58lin 2 года назад

@@edsiler3260 Thank You, my question of the information came from a part of the video which showed that there was a condition that could exist where my spouse could actually end up with zero if I didnt choose the "right" time to file. I just want to avoid that mistake. This could easily be cleared up if the SSA would get over the idea that they have no obligation to assist people in doing what's best for themselves with information they provide. It does seem that if the right question isnt asked the information wont be there to use. Thanks Again.

@patcassidy5997 2 года назад

A friend of mine went to SS office and he was told your first wife must have died before the second wife is eligible for spousal benefits. This does not pass the smell test. Is this true?

@lisalove690 Месяц назад

Still married but separated 4 30 years

@jeanettegriffin772 2 года назад

So complicated. The government is not going to give you a break for filing what they decide is early. My husband passed almost ten years ago this April. I turn 60 then. I want to file for my benefit. I have been raising my very disabled granddaughter for almost seven years with no income. I do recieve adoption support. $710.00 per month Not sure what SS I'm entitled to. I guess I will figure it out come April.

@charleneferguson7564 2 года назад

french vanilla ice cream too!

@kaytheaka Год назад

How much would the non eligible spouse get if the eligible spouse retired at 62? Would it be 50% of the amount due to the eligible spouse at at 67? The other spouse works but does not pay into SS.

@dwalker6868 2 года назад

Thank you

@allenbazar2707 2 года назад

Yes this is confusing!

@usedglitter 2 года назад

My husband gets SS and my adult children do as well because they both are disabled .( both found disabled as children then again at 18) .my question is when my husband dies since I'm the adult disabled children's caretaker , do I get the payments even though I'm not in my 60s yet? I'm 44 and my husband is 69. Thank you !

@danieljustdaniel9550 2 года назад

Our son is disable age 19 and gets SSDI auxallary off of my SS benefit Can my wife who cares for him get the in care benefet?

@robertwisnewski462 2 года назад

I'm retired military. I live oversea. My wife isn't an US Citizen. Is she entitled spouse payment when I file. If so, does she have to wait until she reaches 63 years of age?

@cathyakins3995 2 года назад

What if husband is 983.00 amonth and the wife is 438.00 a month. How would that work for the wife?

@davenone7312 2 года назад

It wouldn't

@dennislaplant95 Год назад

Devin, your Monthly Reduction chart needs to be fixed. It shows "+" Spousal Payment %s before FRA. It should be "-".

@michellewhite5410 2 года назад

so if im on ssdi and ssi and my husband works how much does his income count agents me i am also not 65 or at retirement age it sounds like it would still be easer to be deforced then to be marrierd

@ptk7240 7 месяцев назад

I read spousal benefit is only 50% at full retirement age

@annetteabbott1049 Год назад

Is the higher FRA at the time of his retirement or at the time of MY retirement?

@juliecalderaro7161 2 года назад

My husband and I were married over 25 years he passed away when he was 51 I was told that I had to wait until I was 60 receive survivor benefits I am going to be 60 this year how do I find out what he would of been getting as a monthly payment

@bonnessacoy8990 7 месяцев назад

It's means tested which means you can only make so much money if you are still working.

@AuntieEm30805 2 года назад

Devin, I'm still confused. In our case I am older and earn a little more. FRA for me is 66 and 4 months which happens August 2022. Husbands FRA is 67 which will be Sept 2027. When I file for my FR next year, when husband turns 62 can he file for spousal without taking his benefit?

@AuntieEm30805 2 года назад

@@SpynCycle57 Sorry I'll wait for a response from Devin, if he reads these comments.

@davenone7312 2 года назад

No....... just spousal only benefits are only if any of these are true: You were born before Jan. 2, 1954. You are caring for a child who is under 16 or disabled. You are eligible for Social Security disability benefits. So in your case your hubby must be taking his own ss or been born before Jan 2 1954 Please verify with SSA but I'm pretty sure this is the rule

@rcdyer Год назад

So if my wife starts taking benefits at age 62 of $700 a month and I wait until 65 and get $1900, we were both born in 1963, how much will she get then if she switched to spousal benefits?

@crissiecook2207 2 года назад

If you take spousal benefit will it decrease the amount the primary spouse will get?

@donalshelton9205 2 года назад

SS. Told me that when I’m 60 I can claim my late wives SS. WHEN IM 60 she would have been 56. If this is true how long can I claim hers? I would like to wait until I’m 67( full retirement for me)

@freshbeanne 2 года назад

@@SpynCycle57 Except for survivor benefits, which this person is speaking of. He can collect his at say 62, then switch to hers at 67 (if her benefit is higher than his).

@freshbeanne 2 года назад

How is SS going broke when there's all these rules that prevent a decent check until you're too old or too sick to enjoy the benefits? I am sure not waiting beyond 67, no thank you. I know alot of people barely collect or die before they get started and that sucks.

@davenone7312 2 года назад

Congress has robbed the funds thats why its a broke system. I suggest to everyone if your not making any money when your 62 or older take your SS Now!

@Winchester1906 2 года назад

agreed, however my wife is 6 years younger than myself so if i'm in decent health i'm hoping to collect at 70 so that she can get 3,300 a month. women live longer than men so i would want her yo have as much possible. if i wasn't married then i would 100% agree with you.

@anagymici Год назад

I was married eight years, you said: you have to be 10 years married That means I missed out two years.Any possibility with this situation?My daughter said don’t take his Social Security.She’s afraid that he will be tough on her.But I don’t think he would know that. He’s already retired. I will retire this year.

@IK-cf4tj 2 года назад

Hello! Thank you for this video. I'll apply for spousal benefits when I'll be 66 and 2 months. I called to SSI they said that my benefit is higher than his. Do I eligible for my ex spouse benefit?

@madhatter909 2 года назад

No, because you remarried.

@IK-cf4tj 2 года назад

@@madhatter909 I am not married. I am single .

@dresser6135 2 года назад

If your own benefit is higher than his, then no...you are not going to be eligible for the divorced spouse benefit. It only applies to the person with the lower SS.

@IK-cf4tj 2 года назад

@@dresser6135 Thank you for your reply.

@timbrown3303 2 года назад

My social security benefit is 1,882 and my wife's benefit is 1,008. If I were to pass away, as the higher earner half my benefit would be 941. Does this mean that my wife's benefit wouldn't change?

@timbrown3303 2 года назад

@@LarryNewmanSusanNewman that's 874. Would she get that in addition to her current benefit?

@bigtenbrutus 2 года назад

The surviving spouse will receive the higher of your two benefits. In your case, your spouse will receive $1882.

@stevecutter9678 2 года назад

My wife files early....at 62. She receives around 700 a month. I won't file until 66.4 and I'll receive 2650. Will her payments go up?

@stevecutter9678 2 года назад

PS....I have a year until filing

@davenone7312 2 года назад

Yes her check will go up to half of yours if she waits to file for spousal benefits at her FRA. Spousal benefits are reduced from the age at which you apply for them NOT for when you apply for Social Security.

@bigtenbrutus 2 года назад

It depends on your spouse's age when you file. She cannot put off waiting for her FRA since she is already collecting her benefit. She will be automatically enrolled to receive spousal benefit when you file for benefits. She will not be able to receive more than the lessor of $1500 or 50% of your benefit. If she will be 63 (1 year from now) she will receive half of yours x .70 (reduction for her being 63 when you file) plus her current amount. 1325 x .70 + 700, or $962 +$700 which is $1625. So, since $1500 is maximum, but half of yours is $1325, she'll get the lessor, which is $1325.

@cathyakins3995 2 года назад

He retire at 62 because of a accident and had no other choice. Then I myself had to retire early also because we really need the money. He is disable.

@GodChild-um3zq 2 года назад

How about if your divorced and your applying early for disability early on

@madhatter909 2 года назад

disability has nothing to do with divorce

@GodChild-um3zq 2 года назад

@@madhatter909 what are you talking about. I am divorced and trying to get my spousal part early

@elainegoad9777 2 года назад

Spouse should get 1/2 of deceased spouse's benefit up to their receiving the max of $2000 a month to live on. When one spouse dies and their only income is social security It really hurts the spouse who now trying to live on one income and most likely the same living expenses. It all sucks and government doesn't care about low income seniors !

@davenone7312 2 года назад

You should have been made to understand from a young age that Social Security was just a SUPPLEMENT. Never to be counted on as a sole means of retirement money!!

@magiclady7533 2 года назад

At what age would I be able to begin receiving my husbands benefits. He's 63 and currently receiving $800/mo. I'm 49 and will reach service retirement of 30 years on my job in 2.5 years.

@davenone7312 2 года назад

You cannot file for SS until you reach 62 unless your disabled then you get SSDI. You can retire earlier than 62 from your job like I did but could not get SS until I turned 62. If your still working at that age then most likely best to wait to apply til your done working cuz they take away your income from your SS check if you make too much money

@elainegoad9777 2 года назад

I made a little more than my deceased husband's social security so I get nothing except low income trying to survive.

@davenone7312 2 года назад

You should have been made to understand from a young age that Social Security was just a SUPPLEMENT. Never to be counted on as a sole means of retirement money!!