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PDtax
PDtax, CPA firm owner
Category: Social Security
Satisfied Customers: 4676
Experience:  35 years tax and professional advice in all matters money
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If my wife takes spousal benefit at age 62 or 66, does this

Customer Question

If my wife takes spousal benefit at age 62 or 66, does this reduce her benefit at age 70?
Submitted: 2 years ago.
Category: Social Security
Expert:  PDtax replied 2 years ago.

Hi from just answer. I'm PDtax, and will assist. Thanks for asking for me.

Expert:  PDtax replied 2 years ago.

Her age when sheer first claims sets the benefit discount for her claims. An early claim at 62 carries that discount to not only her spousal benefit, but her own benefit when claimed.

If she waits to claim a spousal benefit at full retirement age, say 66, gets a full 50% spousal benefit and her full benefit at age 70.

Expert:  PDtax replied 2 years ago.

Thanks for asking at just answer. Positive feedback is appreciated. I'm PDtax.