Spousal Social Security Question
I was using the Bedrock Capital Social Security calculator that someone posted on another thread. I noticed that with the different options, that it didn't offer an option for the spouse (who is the lesser earning spouse with less Social Security benefits) to take what it equates to one half of their spouses benefit, which is higher than theirs. Is that option still available to us?
Would the lesser earning spouse have to wait until their full retirement age to file for this option? If they file for Social Security at 62, would they be giving up this option? (I'm assuming the spouse with higher benefit would have to have already be collecting when they file.)
I had this all worked out until they closed some of those loopholes and now I'm not sure what the best option is.
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