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My wife turns 62 tomorrow (yes, Jan. 1.). I turn 65 in March. My wife ran a small business all of her working life, which was personally very rewarding but monetarily much less so. Her expected Soc Sec income will be close to the minimum. Mine, on the other hand, is up near the max (according to

QUESTION: I've heard something about a "file and suspend" strategy ... something along the lines of my wife getting Soc Sec checks based on (a fraction of) what I would get if I started taking Social Security.

Can anyone here help me out on whether this is something worth checking into? What's the possible downside of doing this "file and suspend"?

Thanks ... and Happy New Year!
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