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I do hope you, or someone else can answer this. I am 72 years old and drawing full retirements benefits, which I applied for at 70 yrs of age. My wife, was approved for spousal benefits, with an application date of 6/26/23. At the time of her application, she was 66.6 years of age. (she was born 10/1/56 and her full retirement age is 66.4) For some reason, the Social Security office gave her below the 50% of my PIA to which she was entitled to, even though she met the FRA requirement of 66.4, married over 35 years, and I, as her spouse was on retirement. Why would they reduce her spousal benefit to below 50%? At the lower amount, which will cause her to lose out over her lifetime on the higher amount she would have received at 50%. Why did SS do this?
It turns out that SSA did not reduce her FRA. They told me that spouses do not qualify to receive their husbands delayed retirement credits. Because I delayed my retirement from 66 to 70 years of age, I got 8% credit for each of those years, for a maximum of 32%. It is called a delayed retirement credit. As a result, she, as the applicant for spousal benefits, does not get the benefit of the 32% and she would therefore only get the 50% of my retirement benefit at my FRA. It is what it is.
Thanks for this explanation. Just spoke to my local SSA representative who didn't seem to understand what PIA was. I called to try and obtain my husband's PIA amount to figure my spousal benefit. He claimed that it is his current benefit amount. But, my husband filed for benefits two years after his full retirement age. So, it seems to me that either his PIA should be a lower amount, or his current benefit should be higher. My reading the definition of PIA from the SSA website to the rep didn't seem to get through to him.
so the question to Jane has her own benefit but files for her own at 62: the spousal benefit is $350 on top of her own $750, but i dont think she will get this $350 at age 62, because Jim has not filed yet until 70 when Jane is about 66? or you are saying that, if you file for your own benefit you are automatically eligible for spousal benefit, no matter if your spouse has file yet?
Thank you for your great video. I really appreciate it! Question: If Doris receives spousal benefits at 62 and her husband passes when she is at full retirement age. I know she will get survivors benefits, but will the benefits be reduced since she was already receiving spousal benefits at 62 or will she receive the full amount of survivor benefits he was receiving at the time he passed?
Thank you so much for the video! So to clarify, is it okay that I file early at 64 and get my monthly $800; and then when my husband (the primary worker) files, I can claim "spousal" benefits? If yes, which AGE are they looking at to obtain the spousal benefit amount: the age at which I FIRST claimed, or age at which I am when he starts filing? Can you please clarify? Thank you!
When you say the Primary Worker must have filed, does that mean the Primary Worker has gone online and completed his application to receive benefits, or does that mean the Primary Worker has received benefits already (i.e. received a check)?
Hi, I have a question.If I am 62 and my wife is 67 and start to receive social security but continue to work and make more than social security allows to earn, will it affect my wife spousal benefits?will her benefit be reduced. Thank you
Thanks for the video, very helpful. Here is a clarifying question: I plan on waiting until my 100% FRA at age 67 to start collecting, my wife who also qualifies for SS under her income, but at 25% less than mine, wants to start collecting her SS at age 64. My question is will her decision to start collecting at age 64 will negatively impact what she will receive at my passing. I want her to switch from her SS to my at 100%, does she need to wait until she is also 67 of age for that the 100% survival benefit? Thanks in advance for tackling my question.
Your scenario from 15:36 - 17:06 is incorrect. The reduction to the spousal benefit is based on eligibility age, not filing age. If John files at 70, Jane's age at eligibility is also 70, and there is NO reduction to her spousal benefit. In this scenario, her benefit will be $750 and the spousal will be $500, for a total of $1250, NOT the $1100 that you calculated.
I agree with you Jeb! My understanding is that the spousal benefit is independent of your own earnings record. In scenario from 15:36 - 17:06 Jane collects $750 at age 62 based on her own earnings, then collects the full $500 spousal benefit at age 66 for a total of $1250. The maximum spousal benefit is 50% of John’s Full retirement age PIA ($3000 / 2), reduced by Janes full retirement age PIA ($1000), which is a maximum spousal benefit of $1500-$1000= $500. Kind of crazy that this stuff isn’t crystal clear on government SSA website.
He was correct, when she filed at 62 that also affected her future spousal benefit, by filing at 62 her future spousal benefit was reduced to 70% of the maximun. Which was $350 in this case.
@@jerrylabat550 That would be true is she filed for *spousal* benefits at age 62. She did not file for spousal benefits until age 70, which was beyond her full retirement age, so there would be no reduction to the spousal top off. She would get her $750 plus $500 spousal, for a total of $1250.
Great video my question is I am 72 retired and received 2725.00 per month from social security, my wife is 66 and received 814.00 per month social security since my benefits are much higher than hers what can she do to increase her benefit? Thank You
She should receive 1/2 of your regular benefit (at regular retirement age) - early withdrawal penalty. So you and your wife can calculate and found out the number. Or go to local SSN office and ask them to take a look at her numbers to make sure it is correct.
Thank you for this video. I have a scenario I would like to ask about. My wife is older than me and plans on collecting her PIA at her full retirement age. I have a larger PIA than her, and her spousal amount will be larger than her PIA. I plan to start collecting early, about 3 years before my full retirement age. My question is: Does my collecting early affect the spousal amount for my wife, even though she filed at full retirement age? Thank You
No, the spousal benefit is based on 1) your PIA vs her PIA and 2) her age at eligibility. Her eligibility age will her age once BOTH of you have filed, regardless of who filed first.
I came to America 3 years ago and I'm 63. How do I apply for and get a Federal welfare check each month? My family could use the extra money for Social security!
How would I know if my ex spouse already filed his benefits? And I claim my benefits, can I get the difference between my benefits to 50% my spouse benefits? Thank you
Thanks for the video, the only other question is whether her Social Security benefits are reduced by the Federal Windfall Reduction that's placed on my Social Security benefits to calculate her 35% at the age of 62? or will she receive the full benefits payments at age 62 35% without being penalized?
If I’ve been collecting Social Security disability for about 12 years and I get married in three months is my spouse entitled to anything I’m 46 she’s 37
My wife is 65 and I’m 62 ..she filed for SS on her own work history at 62 …will she be able to claim spousal benefits when I file ? And will it be 50% of my benefits? Or less then that because she claimed early on her own work history?..
This is the confusing part. I’m in the same situation and talked with SS official. She told me nothing about the reductions affecting the change to spousal after collecting on wife’s own record. See discussion below: jebhorton1830 9 months ago Your scenario from 15:36 - 17:06 is incorrect. The reduction to the spousal benefit is based on eligibility age, not filing age. If John files at 70, Jane's age at eligibility is also 70, and there is NO reduction to her spousal benefit. In this scenario, her benefit will be $750 and the spousal will be $500, for a total of $1250, NOT the $1100 that you calculated. 1 3 @steves7004 7 months ago I agree with you Jeb! My understanding is that the spousal benefit is independent of your own earnings record. In scenario from 15:36 - 17:06 Jane collects $750 at age 62 based on her own earnings, then collects the full $500 spousal benefit at age 66 for a total of $1250. The maximum spousal benefit is 50% of John’s Full retirement age PIA ($3000 / 2), reduced by Janes full retirement age PIA ($1000), which is a maximum spousal benefit of $1500-$1000= $500. Kind of crazy that this stuff isn’t crystal clear on government SSA website. 1 @jerrylabat550 3 months ago He was correct, when she filed at 62 that also affected her future spousal benefit, by filing at 62 her future spousal benefit was reduced to 70% of the maximun. Which was $350 in this case. @jebhorton1830 1 month ago @jerrylabat550 That would be true is she filed for spousal benefits at age 62. She did not file for spousal benefits until age 70, which was beyond her full retirement age, so there would be no reduction to the spousal top off. She would get her $750 plus $500 spousal, for a total of $1250.
MY BROTHER PASSED AWAY IN INDIA ALMOST 6 YEARS AGO… WHO WORKED IN NEW YORK & HAD 40 CREDITS. HIS WIFE (my sister-in-law) WAS DEPRESSED & FINANCIALLY BROKE; SO SHE COULD NOT COME TO AMERICA … BUT TIME WENT BY; HIS SON ALSO ARRIVED HERE SPONSORED HIS MOTHER & SHE NOW CAME HERE ON GREEN CARD. CAN SHE FILE NOW FOR THE SPOUSAL BENEFIT?
Ok I'm 63 this week my husband is 65 he's going to retire at 66 and a half we have been married for 46 years . I worked 6 years what happens to the money I put into to social security for the 6 years since I have not worked for 10 years because I've watch my grandchildren
I am 64 yrs old never work no SS contribution 7 yrs married to my retired husband he is 78 yrs old. Am I qualified to file spousal benefit? If I am qualified, how and where can I file.
I only worked 27 years in America having SSI taken out of my check. Most of that was employer match. How much will I be punished for not working the maximum years?
Hi, can I ask you one more question? Assuming my wife (who has no social benefits on her own) and I are both 67 today, I am trying to delay my benefit until 70 (so I can increase my benefit by 24%). Can my wife apply for her spousal benefit today at 67? Someone told me she can’t apply for spousal benefits unless I am already apply receiving my own benefits, which I am delaying to 70 because I want to delay 3 more years to get 24% more. What do I do then? Do I have to apply for my benefits, so my wife can receive her spousal benefit while I am giving up the 24 % more payments by waiting until 70?
My philosophy is you should take it NOW. If you will get $2K a moth at 67, waiting until 70 will get you $480/m more. But between now and then you could have collected $72,000. If you wait until 70 it will take you 12.5 years to break even and make up the $72k you could of had. Not to mention your wife could also be collecting spousal benefits over that time. If your confident you'll live well into your 80's maybe wait for it, but you can earn as much as you want and get SSA NOW.
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?
