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Restricted SS Application
Old 11-08-2018, 08:59 AM   #1
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Restricted SS Application

I am currently 66 and I am collecting spousal benefits from my wife's social security account. When I turn 70, I will switch over to collect an augmented benefit from my own account. At that point, can my wife switch over and collect spousal benefits from my account? I seem to remember there was a deadline for such shenanigans when they made that change to the rules back in 2015 but at this point I can't find anything that says you can't do this. My motivation is obvious... by 2022, my annual benefit will shoot up to about $48K; my wife's current benefit is only about $12K.
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Old 11-08-2018, 09:31 AM   #2
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Yes, she can, but she will not get 1/2 of your age 70 amount. She would get 1/2 of your age 66 amount and if she filed for her own SS prior to reaching her full retirement age, it would further reduce the 1/2 your age 66 amount. Anyone who files prior to full retirement age is forever reduced by that early filing date.
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Old 11-08-2018, 10:14 AM   #3
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I was aware that she would only get my benefit at age 66, but I hadn't thought about the age 62 penalty. Does that mean she would get 80% of 1/2 of my benefit?


Thanks so much for your fast response!!
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Old 11-08-2018, 10:50 AM   #4
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Quote:
Originally Posted by ScaredtoQuit View Post
I was aware that she would only get my benefit at age 66, but I hadn't thought about the age 62 penalty. Does that mean she would get 80% of 1/2 of my benefit?
No.

If her full retirement age is 66, should would get only 75% of 1/2 of your benefits if she started collecting at 62.

Or she would get her own benefits - whichever is more.
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