@monicakm --yes my issues were different than yours---should have mentioned that --my point was--don't give up!! I was getting docked--paying a few hundred $$ a month more , because SS made the mistake that I was still a married couple when I was living on my own , going thru divorce and claiming single on income taxes. You should have seen all the paperwork I had to submit to prove what I was going thru--in fact had to resend them 5 months after I sent the first set---was a royal cluster you know what!!!
I didn't know any better and that's why I told the SS agent I'd wait till I was 66 1/2 but since I've never worked (except a little in college) she said I'd be losing money if I didn't start now. I'm starting now. DH is already 66 1/2 and still working. We should both be getting a check starting in Aug.
Think you made the right decision for yourself. Just want to mention not sure you know this for husband who will be still working and collecting SS. But I do recall years ago our tax man was telling us sometimes it is better not for husband or even spouse to work once on SS as they take I believe $1.00 for every $2.00 earn until you reach 70 ,after 70 nothing is taken from the recipient SS check.
According to SSA "Starting with the month you reach your full retirement age, you can get your benefits with no limit on earnings."
For 2024, the limit is $22,320 . If you are getting benefits and have not reached your retirement age, and make more than this amount, benefits will be reduced.
Your full retirement age depends on your birthdate.
According to SSA "Starting with the month you reach your full retirement age, you can get your benefits with no limit on earnings."
For 2024, the limit is $22,320 . If you are getting benefits and have not reached your retirement age, and make more than this amount, benefits will be reduced.
Your full retirement age depends on your birthdate.
Thanks for correcting remember hearing something about paying back on earnings if he decided to do any work it was probably brought up to husband as he went out early at 62,not his full retirement age. .
As I understand it, if your spouse dies you are eligible to whichever monthly benefit is larger. If your husband's monthly benefit is higher than yours, you would retain your current benefit plus receive an additional amount to equal what your husband was getting.
