Restricted Application
Social Security & The Restricted Application
Tom Hager, writing in Forbes, provides a primer on Social Security’s restricted application. Its purpose has always been to allow a qualifying spouse to collect spousal benefits only, while deferring their own worker benefit up to age 70 if they wish, thus…
The Social Security Restricted Application
Tom Hager explains the goals of the restricted application: maximize the high earner benefit, coordinate the benefits between the spouses, and maximize the survivor benefits. To take advantage of the restricted application one must have been born before January 2, 1954…
Restricted Application for Spousal Benefits Only…A Strategy Still Available
The Bipartisan Budget Act of 2015 changed much of the strategic landscape for seniors, specifically with respect to options like “File and Suspend,” the rules for deemed filing, and so on. But one specific filing strategy that remains in effect…
An Update on Social Security’s Spousal Benefit Provisions
The issue of qualifying for spousal benefits under Social Security can be confusing, given the rules for divorced spouses, the rules for Restricted Applications, and so on. This “Help with My Social Security.com” post on player.fm offers some interpretations that can…