advertisement
Reply
 
Thread Tools Display Modes
Old 02-26-2016, 11:32 PM #1
DiMarie's Avatar
DiMarie DiMarie is offline
Magnate
 
Join Date: Aug 2006
Posts: 2,871
15 yr Member
DiMarie DiMarie is offline
Magnate
DiMarie's Avatar
 
Join Date: Aug 2006
Posts: 2,871
15 yr Member
Arrow What age can I draw from husbands benefits, I am on SSDI

I am going to be 62 this year, my husband is collecting already and I am collecting for the last 12 years from my own earnings. Wondering at what age, prior to him passing I would be able to collect from his earnings. I have half what he receives at this time. It isn't much at all...
Thanks,

Oh I went to the website and I think it is saying 62, but it didn't seem correct, I thought full benefits were at 66.
__________________

.
Pocono area, PA

.

.

.
DiMarie is offline   Reply With QuoteReply With Quote

advertisement
Old 02-27-2016, 04:01 AM #2
LIT LOVE LIT LOVE is offline
Magnate
 
Join Date: Mar 2010
Posts: 2,304
10 yr Member
LIT LOVE LIT LOVE is offline
Magnate
 
Join Date: Mar 2010
Posts: 2,304
10 yr Member
Default

Quote:
Originally Posted by DiMarie View Post
I am going to be 62 this year, my husband is collecting already and I am collecting for the last 12 years from my own earnings. Wondering at what age, prior to him passing I would be able to collect from his earnings. I have half what he receives at this time. It isn't much at all...
Thanks,

Oh I went to the website and I think it is saying 62, but it didn't seem correct, I thought full benefits were at 66.
You can collect at 62, but your benefit would be reduced by 30%. Since the max you're entitled to while your husband is alive from his record is 50%, then it makes no sense to switch to his record at this point.

https://www.ssa.gov/planners/retire/retirechart.html
LIT LOVE is offline   Reply With QuoteReply With Quote
Old 02-27-2016, 07:20 PM #3
Janke Janke is offline
Member
 
Join Date: Sep 2008
Posts: 686
15 yr Member
Janke Janke is offline
Member
 
Join Date: Sep 2008
Posts: 686
15 yr Member
Default

Quote:
Originally Posted by DiMarie View Post
I am going to be 62 this year, my husband is collecting already and I am collecting for the last 12 years from my own earnings. Wondering at what age, prior to him passing I would be able to collect from his earnings. I have half what he receives at this time. It isn't much at all...
Thanks,

Oh I went to the website and I think it is saying 62, but it didn't seem correct, I thought full benefits were at 66.
Pretend that his benefit is $1000 and yours is $300. 1/2 of his would be $500. Filing for spousal benefits at age 62 would give an award of $350 (permanent reduction of 30%). So the answer all depends upon how much the $50 will help you at age 62 or the $200 would help you at age 66. Less money sooner but for more years or more money later but not now when you could use it.

The unknown factor is your date of death. You won't know the right answer without it. Everything else is a guess.
Janke is offline   Reply With QuoteReply With Quote
Old 02-27-2016, 08:01 PM #4
LIT LOVE LIT LOVE is offline
Magnate
 
Join Date: Mar 2010
Posts: 2,304
10 yr Member
LIT LOVE LIT LOVE is offline
Magnate
 
Join Date: Mar 2010
Posts: 2,304
10 yr Member
Default

Am I confused? Using Janke's example, if he is currently receiving $1000, I thought your benefit on your own record is $500.
LIT LOVE is offline   Reply With QuoteReply With Quote
Old 02-28-2016, 01:08 PM #5
echoes long ago's Avatar
echoes long ago echoes long ago is offline
Senior Member
 
Join Date: May 2008
Location: new york
Posts: 1,579
15 yr Member
echoes long ago echoes long ago is offline
Senior Member
echoes long ago's Avatar
 
Join Date: May 2008
Location: new york
Posts: 1,579
15 yr Member
Default

Quote:
Originally Posted by LIT LOVE View Post
Am I confused? Using Janke's example, if he is currently receiving $1000, I thought your benefit on your own record is $500.
because she is 62 not 66 yet, so it is reduced 30%
echoes long ago is offline   Reply With QuoteReply With Quote
Old 02-28-2016, 01:15 PM #6
LIT LOVE LIT LOVE is offline
Magnate
 
Join Date: Mar 2010
Posts: 2,304
10 yr Member
LIT LOVE LIT LOVE is offline
Magnate
 
Join Date: Mar 2010
Posts: 2,304
10 yr Member
Default

Quote:
Originally Posted by echoes long ago View Post
because she is 62 not 66 yet, so it is reduced 30%
I understood the reduction, I'm not sure how I misread it now...
LIT LOVE is offline   Reply With QuoteReply With Quote
Old 02-29-2016, 12:27 PM #7
razzle51's Avatar
razzle51 razzle51 is offline
Senior Member
 
Join Date: Aug 2006
Location: Iowa
Posts: 1,028
15 yr Member
razzle51 razzle51 is offline
Senior Member
razzle51's Avatar
 
Join Date: Aug 2006
Location: Iowa
Posts: 1,028
15 yr Member
Default

wait till your 65 thats what I did
__________________
Remember That Life Is Short!!!" break the rules, Forgive quickly, Love truly, laugh uncontrolably, And never regret anything that made you smile
razzle51 is offline   Reply With QuoteReply With Quote
Old 03-02-2016, 02:02 PM #8
DiMarie's Avatar
DiMarie DiMarie is offline
Magnate
 
Join Date: Aug 2006
Posts: 2,871
15 yr Member
DiMarie DiMarie is offline
Magnate
DiMarie's Avatar
 
Join Date: Aug 2006
Posts: 2,871
15 yr Member
Default

So if I am receiving 50% on my own, it is senseless. I thought it would be 100% at 65/66 before I posted.
Basically as long as he is alive I will be receiving on my own then.

Ugh, there is no rest for the weary. I am so broken, can't work, can't find a job anymore I could even consider doing. If he were to pass away I would lose not only his portion of the difference in SS but his pay check too. I have to pray he live at least as long as me.
DiMarie is offline   Reply With QuoteReply With Quote
Old 03-02-2016, 04:46 PM #9
LIT LOVE LIT LOVE is offline
Magnate
 
Join Date: Mar 2010
Posts: 2,304
10 yr Member
LIT LOVE LIT LOVE is offline
Magnate
 
Join Date: Mar 2010
Posts: 2,304
10 yr Member
Default

Quote:
Originally Posted by DiMarie View Post
So if I am receiving 50% on my own, it is senseless. I thought it would be 100% at 65/66 before I posted.
Basically as long as he is alive I will be receiving on my own then.

Ugh, there is no rest for the weary. I am so broken, can't work, can't find a job anymore I could even consider doing. If he were to pass away I would lose not only his portion of the difference in SS but his pay check too. I have to pray he live at least as long as me.
You should have a plan in case he does pass before you if you can't make it on just his full SS. Does he carry life insurance? If you own your own home you could buy down, take out a reverse mortgage, rent out a room, move in with family, etc. Property taxes can sometimes be deferred until your death if you're disabled or over 65.
LIT LOVE is offline   Reply With QuoteReply With Quote
"Thanks for this!" says:
DiMarie (03-03-2016)
Old 03-03-2016, 01:11 PM #10
Mz Migraine Mz Migraine is offline
Member
 
Join Date: Mar 2010
Posts: 496
10 yr Member
Mz Migraine Mz Migraine is offline
Member
 
Join Date: Mar 2010
Posts: 496
10 yr Member
Default

In addition to what LIT LOVE asked....
"Does he carry life insurance?" you need to verify that you are the beneficiary.
Does he have a pension plan? If he passes before you, will you receive his pension?

Also, at your age, you should have been prepared. Do you have savings? If not, start now, even if its just $5 weekly.

Start checking out the resources at your local Social Service department. Senior/Disabled housing are very affordable.
__________________
"Invisible" Disability
.
Mz Migraine is offline   Reply With QuoteReply With Quote
"Thanks for this!" says:
DiMarie (03-03-2016)
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 09:28 AM.

Powered by vBulletin • Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.

vBulletin Optimisation provided by vB Optimise v2.7.1 (Lite) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
 

NeuroTalk Forums

Helping support those with neurological and related conditions.

 

The material on this site is for informational purposes only,
and is not a substitute for medical advice, diagnosis or treatment
provided by a qualified health care provider.


Always consult your doctor before trying anything you read here.