timo2
Thinks s/he gets paid by the post
The deeming thing is what affects DW. She's only 57. I ran the numbers and it looks like it will only cost her $5K over her lifetime, so not so bad (she is subject to GPO so that puts a damper on her benefits anyway.)
As soon as I posted that other letter, a new letter from 'Maximize My Social Security' just arrived with some changes to the list of items 1-4. "[FONT="]These changes impact three groups: those who will reach full retirement age in the next six months, those who are currently between 66 and 70 years old, and those between 66 and 70 who have already used the file and suspend strategy. "
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[/FONT]It's on their website https://maximizemysocialsecurity.com/node/688
As soon as I posted that other letter, a new letter from 'Maximize My Social Security' just arrived with some changes to the list of items 1-4. "[FONT="]These changes impact three groups: those who will reach full retirement age in the next six months, those who are currently between 66 and 70 years old, and those between 66 and 70 who have already used the file and suspend strategy. "
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- For those becoming 62 after this year, deeming is extended through age 70. Deeming is the requirement that if you take a spousal benefit or a divorcee spousal benefit you need to also take your retirement benefit and vice versa. This leaves you with roughly the larger of the two benefits.
- No one can collect a spousal or child benefit based on the covered earnings record of a worker who suspends retirement benefits more than six months after the bill becomes law during the period that the worker's retirement benefit remains suspended. The treatment of divorcee spousal benefits in this context is unclear.
- No one who suspends his/her retirement benefit more than six months after the bill becomes law can collect an excess spousal or excess widow(er) benefit. The treatment of divorcee excess spousal benefits in this context is unclear.
- Those who suspend their retirement benefits can no longer receive their suspended retirement benefits in a lump sum payment.
[/FONT]It's on their website https://maximizemysocialsecurity.com/node/688