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dylatess, ATTORNEY
Category: Social Security
Satisfied Customers: 3441
Experience:  37 plus years of SSD practice
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My wife is 62 and her SS payment is about $135/mth and goes

Customer Question

My wife is 62 and her SS payment is about $135/mth and goes up to about $160/mth at 66. Would you advise her to start taking it now since it isn't very much?
JA: The Retirement Accountant will know how to help. Please tell me more, so we can help you best.
Customer: I just asked the question above. if so, how does she apply?
JA: Is there anything else the Retirement Accountant should be aware of?
Customer: no
Submitted: 9 months ago.
Category: Social Security
Expert:  emc011075 replied 9 months ago.

Hi. My name is ***** ***** I will be happy to help you.

By taking her benefits early before her full retirement age she will permanently reduce not just her own benefits but all other benefits available to her now and in the future, including spousal and widows benefits. It means that if she is eligible for spousal benefits in the future (50% of your benefits) and she will apply for her benefits at 62, her spousal benefits will also be reduced. The same would apply to her widows benefits, she will not get 100% of yours if she applies at 62.