My former wife and I divorced 11 years ago after 31 years.
She has not remarried, nor have I.
She turned 62 on 2-28-16
I will turn 65 on 5-9-16
She wishes to begin taking her social security benefit now.
Her income is from two sources:
a). Spousal support = $18k per year (Gross)
b). Nanny position = $20k per year (Gross)
I will not be taking my benefit until age 70
We have a few questions:
1. If she takes her social security now @ 62..... What is the maximum amount of money she can earn per year without a reduction in her benefit ? Does her earnings include the spousal support ?
2. Upon her turning 65, is her medicare benefit deducted from her social security benefit ?
3. By her taking her social security benefit earlier than full retirement age..... in the event I succumb at age 79, does she receive my full social security benefit as a surviving spouse
Thank you in advance,