Voluntary suspension of SS and spousal benefits

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Topic Author
johndcraig

Voluntary suspension of SS and spousal benefits

Post by johndcraig »

A year ago Al and Joe explained this technique for obtaining spousal benefits immediately while deferring SS benefits until age 70. See post #184206, previously #53559 at end of thread. I copied some of the relevant posts into the SS Reference Library.

It seems many at SS admin are not aware of this. Does anyone know if there have been any new developments or publications that further discuss this so that I can present it to SS?

John
earlyout
Posts: 1436
Joined: Tue Feb 20, 2007 5:24 pm

File and suspend

Post by earlyout »

John,

Jim Mahaney's recent paper on delaying SS until age 70 also has a reference you could use with SSA. The paper is referenced in the third or fourth response in this recent thread.

EO
Topic Author
johndcraig

Post by johndcraig »

Thanks EO

A couple of quotes from the cited articles

Mahaney article
This is even more salient with the changes brought on by the Senior Citizens’ Freedom to Work Act of 2000, permitting spouses to initiate spousal benefits even when the primary worker is delaying Social Security benefits.
Novack article
Spousal benefits are reduced if taken at 62. But unlike worker benefits, they don't grow if they're delayed beyond 66. That used to be a disincentive for a husband in a one-earner family to delay claiming Social Security. But in 2000 Congress added a provision allowing a worker to file for Social Security at 66, so his spouse could collect, and then "suspend" his own benefits, thereby earning a bigger delayed retirement check for himself and, very likely, his widow.
John
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