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| FAQ(s) found under Social Security Spouse Benefits |
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| spouse's Social Security benefits |
Date Add : 09-24-2009
| Views : 145
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i intend to retire in a year and a half. if my wife starts recieving her benefits at age 62 -- will thay increase when i retire?? she will be drawing off my benefit. or should she wait to start drawing because the payment would be greater.
Support Replied ~ 07-15-2009 17:36:50
Dear John: Wives benefits are figured using 1/2 of the husbands Primary Insurance Amount. So, if she is entitled to some from your account, she would be best to take it because benefit rates only go up about $10 a month and she would be giving up her whole check to have a $10 increase the next month. Before you make a decision on this, you should have her call the toll free number and get an estimate on her account and about how much she would get on your account. Then you can make a better decision......Carol
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You should consult with your local Social Security Office before acting upon any information received as a response to your question on "Social Security Advisor".
"Social Security Advisor" is intended to provide accurate and authoritative information with regard to the subject matter covered. It is offered with the understanding that neither the publisher nor the author is engaged in rendering legal, accounting, investment or other professional advice or services.
Information obtained from RetirementCommunity.com, including e-mail responses from "Social Security Advisor" should be considered as general educational information. You must never rely upon the advice given here. Your individual situation may not fit the generalizations discussed. Only your local Social Security office can evaluate your individual situation and give you advice.
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