Early SS filing by wife has long term penalty ?
This statement from article linked by Yahoo finance, seems to fly in face of convectional advise. If True, how much less than %50 does she end up with.
“A spouse who claims her own benefit at 62 and later adds on a spousal benefit does not jump up to 50% of the primary worker’s primary insurance amount,” says Floyd. “Rather, she gets a spousal add-on equal to the difference between her primary insurance amount, or PIA, and half of his PIA. This difference is added to her existing reduced benefit to give her a total benefit that is somewhat less than 50% of his PIA.”