Social Security
I plan to retire at 62, but want to collect social security from my deceased ex-husband account. Are there any concerns or negative impacts on my future SS payments?
Terry Says
If you were married for 10 years and did not remarry, you are entitled to 50% of his full benefit. But the amount is reduced if you claim before YOUR full retirement age. If you file for spousal benefits at 62, you’ll only receive 32.5% of your ex-spouse’s full retirement-age benefit instead of 50%.
Then at your own Full REtirement Age, you’ll receive the higher of what you were getting from your ex-spouse, or your own earned benefit. To find out the exact numbers and decide on the best claiming strategy, I suggest you go to MaximizeMySocialSecurity.com and pay teh $49 to get the exact answer.
