Archives for October 2020

Last week I wrote about the way age differences can play an important role in thinking about the timing of Social Security old age benefit claims. Specifically, spouses need to take into account two separate variables: the increase in the primary worker's old age benefit by delaying their old age benefit between ages 62 and 70, and the increase in the spouse's benefit by … [Read more...] about Unreduced Social Security spousal and dependent benefits and the family maximum

Become a Patron! I was skimming one of the interminable posts over at Michael Kitces's Nerd's Eye View blog by Jeff Levine and was struck by his description of a very strange feature of the Social Security spousal benefit calculation. To spare you from trudging through the post, there are three curious features of Social Security benefits to consider: A worker's old age … [Read more...] about The spooky effects of age differences on Social Security benefits