I realize you have a question about social security. My goal is to help you better understand your options.
How are you today?
I hate to be the bearer of bad news, but in order to file and suspend, you would need to be full retirement age.
So, unfortunately you could not file and suspend at age 62
My FRA is 66. Once I reach That age will my wife then be able to switch to a spousal benefit?
Yes, that is correct
Last point. I often hear commenters say that waiting increases the spousal benefit. My understanding is that she would be capped at half of my PIA until I die. What led to the original question is that I was surprised to hear that if I retired at 62 she would still receive half of my PIA although I would receive a reduced benefit. Is this too good to be true?
That is correct, if you retired at age 62 she would get 1/2 of your PIA amount, not 1/2 of your reduced benefit
Wow! Something to consider. Thanks and goodbye.