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When you draw your benefit early, that benefit is permanently reduced. As such, you could not stop drawing your benefit, begin drawing a spousal benefit, and receive delayed retirement credits.
Your benefit only increases by COLA and by the time you suspended your benefit.
I thought that they had strategies for married couples- such as claim and switch or file and suspend ? would i fall under that category
That works if you do not draw your benefit early. The problem is that you drew your benefit when you turned 62
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Since I still do consulting and this year- January to January I will make approx $30,000. How will that impact the 15,000 max. I thought that the year of my 66 birthday I can make as much money as a want without ss consquences?
In the year you retire, you can earn $40,080 per year for the months prior to your birthday,
Then, once you reach full retirement age you can earn an unlimited amount.
yes but when you collect ss at 62 that max is 15,000 before you have to pay on money above that amount. So now that I am 66 this year- can I make more than 40,000
You can make $40,000 from January until your birthday, and then once you reach your birthday you can earn an unlimited amount.