Anyone take auxiliary social security benefits. If so, I have questions.

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Posted 12/18/2013 by CaLeslie in NSBR Board
 

CaLeslie
PeaNut

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Posted: 12/18/2013 5:24:54 PM
I filed for social security effective my 66th birthday this coming February. Got a call from the SS office asking if I want to collect *auxiliary* benefits instead. I guess I have the option of my full benefits or 50% of DH's benefits. Obviously he gets way more than me since he's been working since 1969 and I only worked 16 years.

The way the guy at the SS office explained it, I will get about $120 more a month if I do it this way. Then when I'm 70, I'll start collecting my full benefits which will be about $300 more a month than the figure I would get now. Does any of this make sense?

Has anyone done this? Is there any downside? On the surface it seems like a no-brainer.

AKathy
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Posted: 12/18/2013 5:36:35 PM
I am not on social security but I get my late DH's pension. When I applied for it I was 52 and there were several options for life however once I chose one, I was locked into that option. With that said, if I were you I'd make sure that at age 70 you can indeed switch over to collect your own benefits.


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Kristalina
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Posted: 12/18/2013 5:38:47 PM

On the surface it seems like a no-brainer
That's what it looks like to me! Get more now, get more later. Am I missing something?


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CADoodlebug
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Posted: 12/18/2013 6:01:33 PM
I am going to be applying in a few days and this will affect me too. I'll watch this thread closely to see what the Peas have to say.


That's what it looks like to me! Get more now, get more later. Am I missing something?


Good question!


Joy

"I've reached an age where my train of thought often leaves the station without me!"



revirdsuba
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Posted: 12/18/2013 6:37:52 PM
I think tha tis correct. Ask for it in writing so you have time to digest it all.

SemiObsessiveOne
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Posted: 12/18/2013 7:43:12 PM
My mom is able to collect on my father's name even though they are divorced. It was a considerable difference, and has helped her tremendously. My father is still alive, and her collecting from his benefits does not effect what he collects.

It is as straightforward as it sounds.

Pam



Ouiser
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Posted: 12/18/2013 8:17:10 PM
I draw half of my husbands as his was higher than mine. Are you saying at age 70 it changes? I thought once you decided which way you wanted to go, you stayed at that. For example, I took early retirement and would have drawn less than had I waited 3 more years. But at age 65, (in 2014), I don't think my s.s. amount will change and have never heard anything about age 70. I will be interested in hearing more also.


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CADoodlebug
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Posted: 12/18/2013 8:22:43 PM

I took early retirement and would have drawn less than had I waited 3 more years. But at age 65, (in 2014), I don't think my s.s. amount will change and have never heard anything about age 70. I will be interested in hearing more also.


I could be wrong but I think if you wait until full retirement age, then you can change when you hit 70. I'm writing all these questions down for when I apply. Thanks, OP, for starting the thread.


Joy

"I've reached an age where my train of thought often leaves the station without me!"


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