Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: julieone One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19257  
Subject: Re: Social Security for widows at 62 Date: 4/3/2000 5:45 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
<<I've heard that widows can collect their husband's social security at 62 then switch to their own later>>

Yes, this is an option. If you work, the same earnings test applies as with retirement benefits. If you make to much for a retirement check, you probably make too much for a Widow's check as well. You need to get an estimate of widows at 62 and 65 as well as an estimate for retirement at 62 and 65. Lots of comparisons need to be made taking your work and earnings in to consideration. Retirement amount will continue to change as you earn wages, Widows amount won't change. Also, if you take widows prior to age 62, there is a reduction on your own retirement even if you wait to take your own retirement until age 65.

This is a complex benefit situation and calculation. Probably worth your while to visit a SS office for advice and estimates.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Apple

Apple and Ninety Years Ago
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement