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Lane
Lane, JD,CFP, MBA, CRPS
Category: Social Security
Satisfied Customers: 21856
Experience:  Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial, Social Security & Tax advice since 1986
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I am 78 years old and my wife is 79. we have received social

Customer Question

i am 78 years old and my wife is 79. we have received social security since age 65. i receive full SS and my wife one half of that amount. if i die will my wife then receive my full SS benefits
JA: What is their retirement age?
Customer: i retired at 70 but began receiving benefits at age 65
JA: Anything else you want the Accountant to know before I connect you?
Customer: no thats it
Submitted: 16 days ago.
Category: Social Security
Expert:  Lane replied 16 days ago.

Hi. My name's Lane.

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I hold a Law Degree, a BBA, an MBA (Finance Specialization), and & CFP and CRPS designations as well,

I've been providing tax, corporate law & accounting, financial, and Social Security advice to clients on three continents since 1986.

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Please bear with me a moment while I read your question and write up my answer

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(By the way … Please understand that any phone consult offers come from the web site automatically … Not from me … They WILL stop.)

Expert:  Lane replied 16 days ago.

Yes. Your wife will receive what's called the SURVIVOR benefit (some call this the widows/widowers benefit.

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That benefit is 100% of your benefit.

Expert:  Lane replied 16 days ago.

It IS important to understand that we cannot "stack benefits," so to speak (add one benefit on top of another).

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Social Security will always take you up to the higher benefit.

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SO, as an example if she predeceased you (having the smaller benefit) your benefit would not change.

Expert:  Lane replied 16 days ago.

Please let me know if you have any questions at all, on this.

 

If not, I'd appreciate a positive rating.

 

Otherwise I won't be compensated for my time here.

 

Thanks so much,

Lane

Customer: replied 16 days ago.
thank you. i will not have any more questions so cancel my subscription now
Customer: replied 16 days ago.
you did an excellant job thank you
Expert:  Lane replied 16 days ago.

Thanks much.