Waiting Until Age 70 to Claim – Revisited!
Over the past 10+ years of consulting on when to claim, I have in most cases recommended that the higher earning spouse delay claiming on their own record until they reached at 70. The reason was twofold; #1 I wanted to earn the 8% per year delayed credits between age 66 – 70 and #2 Upon the death of either spouse the surviving spouse inherited the greater of the two benefits, but not both. In the vast majority of cases the husband has earned more, Continue reading →