How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask PDtax Your Own Question
PDtax
PDtax, CPA firm owner
Category: Social Security
Satisfied Customers: 4670
Experience:  35 years tax and professional advice in all matters money
64119565
Type Your Social Security Question Here...
PDtax is online now
A new question is answered every 9 seconds

I receive Social security benefits of 2394.90 per month. My

Customer Question

I receive Social security benefits of 2394.90 per month. My wife receives 675.90 each month. The latter is based on her earnings. I believe I read that spousal benefits allow my wife to receive at least 35% of my benefits which would amount to $838 per month. Is this correct and if so, how do we make the change?
Christopher Baird
Submitted: 1 year ago.
Category: Social Security
Expert:  PDtax replied 1 year ago.

Hi from Just Answer. I'm PDtax, and can assist. Her spousal benefit can be as much as 50% of yours, IF SHE WAITED UNTIL FULL RETIREMENT AGE to claim.

If she claimed early, the discount applied to her benefit would also be applied to yours. At age 62, assuming 4 full years early claiming benefits, her benefit was reduced from her 100% FRA benefit to 63%. If this applied to her spousal claim, her benefit would be

(100% of yours*50%)*.63=31.5% of yours.

Since my math, and yours, indicates a higher spousal benefit, she should apply for spousal benefits to get an increase in her benefit payout.

From SSA.gov re: how to apply for this benefit:

You can apply:

If your spouse is already receiving benefits when you apply, or if you and your spouse apply at the same time, we will also check your eligibility for benefits as a spouse. If you qualify, your application will also automatically serve as a request for spousal benefits.

Expert:  PDtax replied 1 year ago.

https://www.ssa.gov/planners/retire/applying6.html#&a0=2 is the web page I used for the contact information.

Thanks for asking at Just Answer. Positive feedback is appreciated. I'm PDtax.