Tag: spousal benefit
Financial advisers often encourage older workers to delay signing up for their Social Security as long as possible to maximize their monthly income. But several of our blog’s readers point out, rightly, that this isn’t always possible for people in physically taxing jobs. Blue-collar workers are in a real Catch-22, caught between the unforgiving financia…
The brief’s key findings are: New rules enable one member of a two-earner couple to claim a Social Security spousal benefit at age 66 and then claim a higher retired worker benefit later. The most likely person to use this strategy is the higher-earning spouse, who can receive benefits while working without losing the gains…
