I realize you have a question about social security. My goal is to provide you with excellent service, and help you better understand your options.
Your wife could certainly do that, but her benefit won't be a full 1/2 of your benefit
Based on the figures you gave me, her benefit if she opted to do that would be more around the neighborhood of $932
this is because her benefit will always be reduced because she took social security early.
Do you have any further questions, or do you need me to walk you through anything?
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If I get this right my wife can apply now and get her $506 a month until I retire at 66 then she can re-apply and get the $932 a month instead of the $506 a month. The only penalty is she would forfeit a few hundred dollars, "half of mine" because she originally filed early.
That is correct
Thank You Very Much! I think our Gov. SS Dept. needs to hire some real Americans to explain things correctly. I hate to sound that way but our Government is trying to be to P. C.
I will rate you as Excellent!
Okay great, thanks! You can use the rating feature along the bottom of your screen.