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Old 12-13-2015, 10:26 AM
 
Location: Mount Airy, Maryland
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So my wife is never entitled to half of my benefit, ever, because she worked and has her own earnings record? What if she never worked, she would be entitled to nothing unless she outlives me amd then receives survivor benefits?
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Old 12-13-2015, 10:37 AM
 
Location: Mount Airy, Maryland
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Quote:
Originally Posted by mathjak107 View Post
my wife filed at 62 . her benefit can never ever equal 1/2 mine . it will be somewhere in between .

so lets look at an example , i will ballpark the numbers .

her early ss is 8200 . her full if she waited would have been 11,500.00

my full is 32,000 .00 so 1/2 is 16k .

regardless of what age we file all calculations work off our full benefit amounts , even if that isn't what we are actually getting because we both file early pre fra .

so 16,000 minus 11,500.00 equals 4500.00 .

so she gets 4500 added to her early benefit of 8200 which equals 12,700 . that is her benefit and it will always be less then 1/2 mine since she filed early . 1/2 mine would be 16k .

had she filed at her fra instead she would have gotten 11,500 plus the 4500.00 which would have equaled 1/2 my full . but because she filed early she will always work out to less than 1/2 my full .


that is the whole deal , there is no more taking each others benefits an switching .
It's getting clearer, thanks. So if my wife does not file early she is realizing 1/2 of my FRA figure, it's just delayed by 2 years or until I file. Until then she gets only her earnings figure. If I file a year before my FRA mine will forever be reduced but she can still get the add on to equal 1/2 of my FRA figure when I file correct?
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Old 12-13-2015, 10:46 AM
 
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Quote:
Originally Posted by DaveinMtAiry View Post
It's getting clearer, thanks. So if my wife does not file early she is realizing 1/2 of my FRA figure, it's just delayed by 2 years or until I file. Until then she gets only her earnings figure. If I file a year before my FRA mine will forever be reduced but she can still get the add on to equal 1/2 of my FRA figure when I file correct?
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Old 12-13-2015, 10:49 AM
 
71,660 posts, read 71,801,099 times
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Quote:
Originally Posted by DaveinMtAiry View Post
So my wife is never entitled to half of my benefit, ever, because she worked and has her own earnings record? What if she never worked, she would be entitled to nothing unless she outlives me amd then receives survivor benefits?
if your wife had no earnings record of her own , you would have to file first .

then if she filed at HER FRA she would get 1/2 your full .

if she files earlier because you filed then she gets prorated the same as anyone collecting on their own record would be . if 62 she would get about 28% or so off 1/2 your full.

there is a chart on the ss site that tells you how much to reduce by for every year and month under her full.
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Old 12-13-2015, 10:59 AM
 
30,129 posts, read 47,361,961 times
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Your spouse is entitled to max of 50% of your benefit if she has NO personal benefit from earnings BUT the personal MUST under new law (and your ages) be filed for first as primary SS income.
IF she has NO work history/ earnings -- very unlikely but possible-- she would qualify for max 50% of yours--and only after you had filed. And I thought only ifbu waited til FRA to file.
IF she worked/paid on non- SS earnings like I did as teacher, any monthly pension or lump- sum withdrawal she made would penalize any spousal amount she qualified for.
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Old 12-13-2015, 11:06 AM
 
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of course she will only that 1/2 if she files at her fra . any earlier and that 1/2 is reduced just like it is for anyone else .
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Old 12-13-2015, 11:50 AM
 
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I'm not sure I'm following. If my ex files and collects before his FRA (I have a strong suspicion he will based on his spending history) and I wait until my FRA to file and collect, will I qualify for 50% of his max or 50% of his reduced amount?
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Old 12-13-2015, 12:05 PM
 
30,129 posts, read 47,361,961 times
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It depends on how much your personal benefit is
After April I think anyone filing files on personal first
Then if u are eligible for spousal you get your SS benefit plus supplement from spousal side up to TOTAL of 50% of eligible spousal

IF YOUR PERSONAL benefit is already more than 50% of the spouse portion you dont get ANY supplement--
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Old 12-13-2015, 12:09 PM
 
30,129 posts, read 47,361,961 times
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Quote:
Originally Posted by loves2read View Post
It depends on how much your personal benefit is
After April I think anyone filing files on personal first
Then if u are eligible for spousal you get your SS benefit plus supplement from spousal side up to TOTAL of 50% of eligible spousal

IF YOUR PERSONAL benefit is already more than 50% of the spouse portion you dont get ANY supplement--
Mathjak says a person eligible for a full spousal portion (50% of husband or wife's) if files at FRA for that benefit
But I dont think it is that simple
If spouse you want to collect off filed before FRA and gets reduced personal benefit
I think the spousal off that benefit is reduced as well even if the person filing for it is FRA
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Old 12-13-2015, 12:23 PM
 
1,577 posts, read 2,204,023 times
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Quote:
Originally Posted by loves2read View Post
It depends on how much your personal benefit is
After April I think anyone filing files on personal first
Then if u are eligible for spousal you get your SS benefit plus supplement from spousal side up to TOTAL of 50% of eligible spousal

IF YOUR PERSONAL benefit is already more than 50% of the spouse portion you dont get ANY supplement--
Quote:
Originally Posted by loves2read View Post
Mathjak says a person eligible for a full spousal portion (50% of husband or wife's) if files at FRA for that benefit
But I dont think it is that simple
If spouse you want to collect off filed before FRA and gets reduced personal benefit
I think the spousal off that benefit is reduced as well even if the person filing for it is FRA

My benefit will be well below 50% of my ex no matter if he files early or not. I'd just like to have a better idea of what to expect. Sounds like it's all up in the air right now. Thanks again.
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