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Old 06-06-2019, 07:55 AM
 
Location: SoCal
13,227 posts, read 6,331,374 times
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Max for 2019 is 3770 according to this link.
https://www.ssa.gov/oact/cola/examplemax.html
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Old 06-06-2019, 11:57 AM
 
Location: The Berk in Denver, CO USA
14,033 posts, read 20,349,383 times
Reputation: 22768
Quote:
Originally Posted by USNRET04 View Post
Did it help you?
Do you renew the license annually, or is there a reason too?
It helped a lot.
I did renew once. I was playing with it a lot. I am a nerd.

I made the decision to take mine at 68. I knew I was leaving money on the table (given a planned death age of 95 (both parents died at 95.5)), but I knew exactly how much.
In my case, I was looking at collecting over $1M in benefits so the $40 was a no brainer.
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Old 06-07-2019, 11:23 AM
 
29 posts, read 17,393 times
Reputation: 54
Quote:
Originally Posted by mathjak107 View Post
one of the reasons i did not delay beyond 65 was because my wife's spousal adder was 4500 a year as the add on .

it made little sense to keep spending down invested assets , not get spousal benefits of 4500 a year , not get all those ss checks i was delaying , and go uncapped in medicare increases because until you collect you are not covered under hold harmless ... delaying until 70 made little sense in our case . the spousal not collected really tipped the scale for us .

i couldn't file sooner then the year i would have been fra because all the little side gigs i do would have put me over the earnings cap so the year i would be fra worked well .



I have just applied for spousal, born in 1953. Will this also initiate the hold harmless clause, or do I need to be taking my own benefit to qualify?
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Old 06-07-2019, 12:33 PM
 
71,568 posts, read 71,730,589 times
Reputation: 49168
did you file restricted application at fra ?
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Old 06-07-2019, 05:51 PM
 
2,782 posts, read 996,614 times
Reputation: 3218
Live as long as you can.
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Old 06-08-2019, 12:04 PM
 
29 posts, read 17,393 times
Reputation: 54
Quote:
Originally Posted by mathjak107 View Post
did you file restricted application at fra ?
Yes
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Old 06-10-2019, 08:41 AM
 
29,781 posts, read 34,867,277 times
Reputation: 11705
Quote:
Originally Posted by grlwthprl View Post
I know receiving 1/2 of my husband's benefit will be more than my taking my own. When do I do this to get the most benefit per month? I'm 62, he's 63. Please try to keep your answer simple - I drowned the last time I posted this question!
Wait until you are FRA and you should get 50% of his FRA benefit regardless of when he retired. That was the case five years ago. Donít know if that has changed.
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