“A person born before Jan. 2, 1954, and who has reached her/his full retirement age, can file for just the divorced spouse’s benefit and delay claiming her/his retirement benefit until a later date.”Must be at least 62 and the ex-spouse must be entitled to Social Security. The ex-spouse doesn’t have to be collecting a benefit.…
Category: Social Security claiming
Retirees Regret Claiming Social Security Early
Many Retirees Wish They Had Delayed Taking Social Security Benefits “MassMutual says a married couple that lives into their 90s but decides to begin their Social Security benefits at age 62 as opposed to age 70 could be leaving as much as half a million dollars on the table, or forfeiting $2,000 to $4,000 a…
Mistakes to avoid when claiming Social Security Retirement Benefits
This is one of the best articles I’ve read about factors to consider when claiming SS retirement benefits. It is critical to focus on SS as longevity insurance and recognize that each individual and each couple is different. There is NO one size fits all answer to when to claim SS. Although targeted at CPAs,…
How to get 88 percent more from Social Security
Benefits of delaying Social Security retirement by Kelli B. Grant: “Someone who retires and begins claiming Social Security at age 70 would receive a benefit that’s 76 percent higher than the one he or she would receive at age 62. Factor in late-career earnings replacing a zero-income year and the increase becomes as much as…