How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask Megan C Your Own Question

Megan C
Megan C, Certified Public Accountant (CPA)
Category: Social Security
Satisfied Customers: 15167
Experience:  Licensed CPA, CMA, CFE, CGMA M.Accy Also Teach Accounting courses at Master's Level
23669918
Type Your Social Security Question Here...
Megan C is online now
A new question is answered every 9 seconds

I am now 65, and my wife is 60. We both plan to start Social

Resolved Question:

I am now 65, and my wife is 60. We both plan to start Social Security benefits when we turn 70. My question is: Am I allowed, when my wife turns 62, and I will then be 67, to claim half-benefits based on my wife, even though she would not have started receiving benefits? Then when I am 70, could I switch to my own benefit rate?
Submitted: 1 year ago.
Category: Social Security
Expert:  Megan C replied 1 year ago.

MyVirtualCPA :

I realize you have a question about social security. My goal is to help you better understand your options.

MyVirtualCPA :

How are you today?

MyVirtualCPA :

Unfortunately, you cannot take a spousal benefit until your spouse actually files for her social security benefit

MyVirtualCPA :

There is the file and suspend program where one of you would file for benefits, and then immediately suspend your application to allow your spouse to draw the spousal benefit - but you can't do that until full retirement age

MyVirtualCPA :

For your situation, it would make more sense when your wife turns 66 to file and suspend on your account

MyVirtualCPA :

and allow her to draw the spousal benefit from full retirement age to 70 while allowing her own benefit to grow

MyVirtualCPA :

But, unfortunately, you can't draw a benefit off her unless she files early - and you don't want to do that.

MyVirtualCPA :

Do you have any further questions? If not, please take a moment to rate my response as "excellent" so that I may receive credit for assisting you today

Customer:

Following your suggestion, when my wife turns 66, I will be 71 and will have been receiving benefits since 70. So if she files for spousal benefits (based on my 70-year rate), what would then have to be suspended?

MyVirtualCPA :

Nothing would have to be suspended because you would be drawing your benefit

Customer:

And if I were to die

Customer:

And if I were to die (not the main plan) between when my wife was 66 to 70, how would that affect spousal benefits?

MyVirtualCPA :

She would get a benefit equal to your full benefit

MyVirtualCPA :

But, she would either get that or get her own benefit - not both

MyVirtualCPA :

She could still draw the survivor benefit and let her own benefit grow

Customer:

So you are saying that if she turned 66 and I was not alive, that she could draw my full benefit based on my 70-year rate, and then switch to her own 70-year rate when she turns 70?

MyVirtualCPA :

Thank you for your follow up. Yes, your wife could draw 100% of your benefit, and then switch to her higher benefit later on if you were to pass.

Megan C, Certified Public Accountant (CPA)
Category: Social Security
Satisfied Customers: 15167
Experience: Licensed CPA, CMA, CFE, CGMA M.Accy Also Teach Accounting courses at Master's Level
Megan C and 2 other Social Security Specialists are ready to help you
Expert:  Megan C replied 1 year ago.
Thanks, Michael for your positive rating. Please come back and visit MyVirtualCPA for any of your tax, finance, or social security questions. It was a pleasure working with you today.

In a couple of days you may receive a short survey. I would appreciate if you would fill this out favorably, as it will help me with my rankings on the site. Thanks again for using JustAnswer.com

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response... T.G.W Matteson, IL
< Last | Next >
  • I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response... T.G.W Matteson, IL
  • I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight. Bonnie Chesnee, SC
  • Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation. John Minneapolis, MN
  • Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with. Orville Hesperia, California
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
 
 
 

Meet The Experts:

 
 
 
  • dylatess

    ATTORNEY

    Satisfied Customers:

    3096
    36 plus years of SSD practice
< Last | Next >
  • http://ww2.justanswer.com/uploads/DY/Dylatess/2012-9-11_1968_BHBTemplePhoto.64x64.jpg dylatess's Avatar

    dylatess

    ATTORNEY

    Satisfied Customers:

    3096
    36 plus years of SSD practice
  • http://ww2.justanswer.com/uploads/MY/MyVirtualCPA/2012-7-5_44024_cookmegan1.64x64.jpg Megan C's Avatar

    Megan C

    Certified Public Accountant (CPA)

    Satisfied Customers:

    3942
    Licensed CPA, CMA, CFE, CGMA M.Accy Also Teach Accounting courses at Master's Level
  • http://ww2.justanswer.com/uploads/LA/LawTalk/2012-6-6_17379_LawTalk.64x64.JPG LawTalk's Avatar

    LawTalk

    Attorney

    Satisfied Customers:

    1138
    I have 30 years of legal and litigation experience, including representing clients before the U.S. Social Security Administration.
  • http://ww2.justanswer.com/uploads/FA/fastfile/2011-12-15_23139_Klein2011small.64x64.jpg R. Klein, EA's Avatar

    R. Klein, EA

    Accountant

    Satisfied Customers:

    254
    Tax matters relating to Social Security Benefits only
  • http://ww2.justanswer.com/uploads/dkaplun/2009-05-17_173121_headshot_1_2.jpg Dimitry K., Esq.'s Avatar

    Dimitry K., Esq.

    Attorney

    Satisfied Customers:

    198
    Licensed in multiple jurisdictions, experienced business attorney.
  • http://ww2.justanswer.com/uploads/FL/FLAandNYLawyer/2012-1-27_14349_3Fotolia25855429M.64x64.jpg FiveStarLaw's Avatar

    FiveStarLaw

    Attorney

    Satisfied Customers:

    143
    25 years of experience helping people like you.
  • http://ww2.justanswer.com/uploads/CU/Cuttinggirl/2011-10-29_03719_wcrop2.64x64.jpg Wendy Reed's Avatar

    Wendy Reed

    Enrolled Agent

    Satisfied Customers:

    83
    15+ years assisting tax clients with taxation and eligibility of Social Security Benefits.