"Stephanie, to clarify our strategy, I was trying to do the action in two steps as not to confuse the SSA reps when I go back to make the applications. ------- OK.
1. Withdraw my application made last year (4/13/2015) and pay back all benefit monies. -------- This is not a suspension. If you withdraw, your wife can not file for spousal. Spousal is only triggered by your filing yourself, with or without suspension and such suspension must now be before 5/1 or so.
"I verified with the office contact & her supervisor that I'm still within the 1 year time period to withdraw my application. ------- OK. It never hurts to use it, if you can pay back, so that YOUR benefit can be defered and grow. So you'd withdraw, pay back, and file and suspend, is that what you are thinking? So your wife can collect spousal while you collect nothing? Growing yours? But remember, she has to wait to do that, til age 66.
"I want to do this to allow MY SSA credits build to age 70 to the max amount allowable (32%). --------I totally get that!
"2. Once this is done, my wife would then go in and file for spousal benefits (the SSA reps ref to this as Auxillary spousal benefit if done before the May 2 deadline). ---------- No, your suspension must occur before deadline, so it never counts as a blanket suspension. But she can not file for a spousal and defer her own unless she is 66. Moreover, she can't get a spousal at all unless it is bigger than her own, if she files anything before 66. Before 66 is an auto - application for her own, she is "deemed" to have filed for her own as well as the spousal - and her own will pay first, added to by any spousal that may exist beyond that.
"This allows my wife to be grandfathered into the pre-deadline benefit: She will not be applying for early benefit , instead, she will apply for spousal benefits on MY record at 50% and then she will file and suspend her own benefits until age 70. --------- Nope, can't work. She can not file a restricted application for spousal prior to her FRA. It has always been this way. AND, they are even eliminating doing it at FRA, for those of us under 62+.... Also, spousal unrestricted prior to FRA is never 50%, but always less than that due to collecting all those extra months before rettirement age.
"Note: the net of our strategy is allow for both of us to wait until age 70 to receive the Max benefits as well as allowing her to receive the spousal benefit from age 66 to 70. ---------- Yes, 66 is not early. If you suspend before the deadline, LATER, at 66 she can file that restricted application, collecting spousal only til 70, then switching. But above, you suggested she collect spousal now. But if you mean she collect at 66, that will work if you suspend before end of April. Or, go ahead and continue collecting your own, but foregot an increased 32% at age 70.
"Hopefully I have clarified all of the components of our strategy. Joe ------ Yes, Joe, and I hope I have confirmed the above, with each of your statements.