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.
I'm so sorry to hear about your loss.
It's true that you can receive a spousal benefit as early as age 60, but if you work and earn a wage that amount is reduced $1 for every $2 you earn above $15,120.
So, yes - you can draw a benefit early, but there is truth to what you heard about not being able to draw the benefit if you earn over a certain amount.
However, once you are 66 you can earn an unlimited amount and still draw the benefit
Do you have any further questions about this? If not, please rate as "excellent" so that I may receive credit for assisting you today
Is there somewhere I can see what that certain amount is I because currently I am working and plan to retire by 56 and just trying to see if I could get that benefit at 60. I'm asking this because I'm doing an analysis and I need to know if this benefit would be part of the equation. I currently work and have been at my company for 33 years.
You would have to contact social security to find out what that amount is...because they are the only ones with that information.
You can reach them by calling 1-800-772-1213 or visiting your local office
Thanks Megan, I do understand I just thought it was a chart or something I could go to online. I did not think to ask them about the income requirement while I was in the office. And the Advisor did not say anything about an income requirement when she advise to come into the office at age 60. Again thank you so much.
You're welcome. There's no chart, because it all depends on how much your husband earned during his life.