Can Draw Spouse's Social Security Before Full Retirement Age

Social Security: Will My Spouse Get More than Coin If I Expect To Claim Benefits?

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You can claim Social Security benefits someday afterward reaching total retirement historic period, but more delayed retirements credits are applied to your eventual monthly payouts each year yous hold off up until age seventy. While this allows you to boost your ain retirement income, AARP reported that delayed retirement credits are not applied to spousal benefits.

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According to the Social Security Administration, you may authorize for spousal benefits if:

Your spouse is already collecting retirement benefits.
You have been married for at least a year.
You are at least 62 years erstwhile (unless you are caring for a kid who is under 16 or disabled).

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The nearly your spouse can receive on your work record is 50% of your primary insurance corporeality, says AARP. This is the monthly benefit y'all are entitled to at total retirement age, which is 66 and ii months for people born in 1955, 66 and iv months for those born in 1956 and 67 for people built-in in 1960 or later.

Delayed retirement also doesn't have whatever effect on the family maximum benefit. This is the limit on how much you lot, your spouse and your children can collect in total on your earnings record. The family maximum is between 150% and 188% of your monthly benefit amount at full retirement historic period.

Read: 10 Reasons You Should Claim Social Security Early

AARP also noted that these rules practise not utilise to survivors. Survivor benefits are paid to widows, widowers and dependents of eligible workers. The deceased person must accept as well worked long enough to authorize for benefits.

A widow or widower whose spouse waited until the age of lxx to claim Social Security benefits is entitled to the full amount, including delayed retirement credits, equally long equally the surviving spouse has reached total retirement age.

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Josephine Nesbit is a freelance author specializing in existent estate and personal finance. She grew up in New England but is at present based out of Ohio where she attended The Ohio State University and lives with her 2 toddlers and fiancé. Her work has appeared in print and online publications such as Fox Business and Scotsman Guide.