Question re Social Security benefits - Page 4

RespectLife · ‎02-27-2012

@haddon9 wrote:
@Sage04 wrote:
Someone I know is waiting patiently for her ex husband to retire so that she can collect half of his benefits. They were married for about 13 years and she does not have enough credits on her own.

He refuses to collect and is still working at 71.
@Sage04 Do you know why at the age of 71 he refuses to collect? I could be wrong but I believe that once you reach 70 your benefits don't increase. Instead he's leaving money on the table.

You are so right @haddon9 !

He is TOTALLY leaving money he contributed behind and making a big mistake.

At that age, you CAN still work and collect full benefits with NO reduction.

If you take it younger...AND still work...they will reduce your benefits.

Once you reach that max age, you can make all the income you want and not have a reduction in benefits.

You can get Social Security retirement benefits and work at the same time. However, if you are younger than full retirement age and make more than the yearly earnings limit, we will reduce your benefit. Starting with the month you reach full retirement age, we will not reduce your benefits no matter how much you earn.

Reference: faq.ssa.gov/en-US/Topic/article/KA-01921#:~:text=You%20can%20get…

millieshops · ‎03-09-2010

@depglass If half of DH's is more than your own, I believe SS lets you change to his, but you can't collect your own plus half of his - unless some employee screws up and should that happen be careful because government agencies can and sometimes do claw back monies sent in error.

NYCLatinaMe · ‎01-14-2017

@Sage04 Maybe if you know him, you can share the story of my co-worker. It is 100% the truth. She hated work, would not tell us her age, just complained constantly, snuck out of work, etc.

chrystaltree · ‎05-10-2010

Op can't get both as she seems to think. If her retirement benefit based on her earnings record is less than her spousal benefit, then she would collect that. Which is 50% of her spouse's benefit. She can use the calculators on SSA.GOV to figure it out herself.

Sage04 · ‎07-10-2011

@NYCLatinaMe wrote:

@Sage04 Maybe if you know him, you can share the story of my co-worker. It is 100% the truth. She hated work, would not tell us her age, just complained constantly, snuck out of work, etc.

@NYCLatinaMe Yes, I've heard of this happening.

With this guy he said he will retire in February and do some travelling. I told him once that she will get it if he passes before she does and he said that's ok because he won't know about it.

He also said he has more than enought to live on for the rest of his life.

yamma024 · ‎08-21-2017

You can get half of your spouses amount at their full retirement age. Not half of the amount if he worked past full retirement age. Working past full retirement age only benefits the working person not the spouse.

NYCLatinaMe · ‎01-14-2017

@Sage04 Karma is a b. That's all I can say.

Mint2 · ‎08-02-2010

@Puppy Lips No it sounds like her SS must be very low. She will only get whatever additional amount added to hers to bring her to 50% of his.

Shelbelle · ‎03-09-2010

@Puppy Lips wrote:
So then are you collecting yours AND half of your husbands?

That is exactly what I do since 2017 when I startrd collecting. Have to be born prior to 1954.

Shelbelle · ‎03-09-2010

Born in 1954 or earlier hereis hoe it works

For an example, lets say one spouse is entitled to 2000 per month, the other is 500, then the one would get the 2000 and the other would be raised up to 1000..