Social Security Report

Q & A

If the higher earner spouse waits until 70 to collect Social Security, can the lower earner spouse collect 1/2 of his higher benefit amount?

Answer: A spokesman for the Social Security Administration said a retiree’s spouse will not receive half of the increased benefit. A widow(er)’s benefit, however, will be calculated using delayed retirement credits.

Source: marketwatch.com – October 4, 2013