Social Security Questions? Ask a Social Security Expert
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These changes for some reason have been hyped in the media and on the Internet but these changes are very specific and at your age, do not affect you. What it has to do with is "file and suspend" and the spousal benefit. On May 1, 2016, recipients will no longer be able to take advantage of this loophole. Basically you have to be at an age to take your full retirement benefit (age 66). You can suspend your benefits and allow your benefits to grow until age 70 and gain credits. The working spouse has to elect to take their benefit in order for the other spouse to be eligible for the spousal benefit. The other spouse then elects to take the 50% spousal benefit. So this change in social security, at your age, has nothing to do with your benefit and it is not something that you can elect to get extra money.
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