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Stephanie O Joy, Esq
Stephanie O Joy, Esq, Soc. Sec. Attorney
Category: Social Security
Satisfied Customers: 13282
Experience:  19+ years legal exp. - 10+ years owning/operating her own SSD Law practice.
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My wife recently started collecting social security under

Customer Question

My wife recently started collecting social security under her record- approximately $1130 monthly at her full retirement age 66. My disabled daughter age 35- started collecting benefits under my record-approximately $1174 monthly at my full retirement age 66. I have not yet started collecting but plan to soon at age 68. My estimated benefit will be $2700 monthly. Is there a claiming strategy that will yield a higher benefit for the three of us? Can we change anything that has already be done or would make sense to do so?
Submitted: 1 year ago.
Category: Social Security
Expert:  Stephanie O Joy, Esq replied 1 year ago.
Hi, my name is ***** ***** I thank you for your inquiry. I have been practicing SS law full time for 10+ years and look forward to assisting you.
With regard to your post:
"My wife recently started collecting social security under her record- approximately $1130 monthly at her full retirement age 66. ------ OK, if she refrained from collecting on her own record, she could collect a spousal under yours (restricted) at 50% of your primary insurance amount... while your daughter collects the other 50%, and then allow her (wife) 1130 to grow another 32%, such that she can switch back to it at age 70. This is beneficial IF her benefit, if maxed out, would be her biggest benefit - so you will want to confirm if that is so.
"My disabled daughter age 35- started collecting benefits under my record-approximately $1174 monthly at my full retirement age 66. ----- Sounds like your PIA is then about $2370? And you "filed and suspended" so she could collect.
"I have not yet started collecting but plan to soon at age 68. ------ That is not maxing out your own. You are depriving yourself of a 16 percent increase over your PIA due to not choosing to earn those delayed retirement credits for those last two years til 70.
"My estimated benefit will be $2700 monthly. ---- If your PIA is 2350, then your 70 year old benefit would be 32% greater than 2350. More than taking at 68.
"Is there a claiming strategy that will yield a higher benefit for the three of us? ------- The above strategies may do so, so you will likely want to consider them/evaluate them.
"Can we change anything that has already be done or would make sense to do so? ------ All concerns a personal choice and your personal finances, but as noted above, your wife could STOP colllecting her own now - she may have to use a once in a lifetime opportunity to withdraw her application and pay back what she got (because by applying and taking her own, she triggered the entitlement to her own which IF bigger than her spousal 50%, could mean she can not not collect her spousal - so the right to withdraw and repay - which must be done within 1 year - may be the only way to switch then to a RESTRICTED application for spousal only - so hers can earn those delayed retirement credits also... Again, if her maxed out own benefit at 70 would beat her SPOUSAL benefit.
I hope this helps! My goal is to provide you with excellent and accurate service – if you feel you have gotten anything less, please reply back, I am happy to address follow-up questions.
Kindly rate me "excellent" when you are done. I look forward to assisting you in the future, should you have legal questions. Be sure to start future posts with "To Stephanie O Joy Esq., ONLY" if you want me to specifically answer it.
Sincerely, ***** ***** Joy, Esq.
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