Full Question: Should I retire and pull benefits? This is probably a question you have been asked a million times – but some facts: I am 63 years and 7 months old (on the 22nd) and I am eligible to retire. My wife is 10 years younger than me. We both work for the state…

Full question: I’ve been a stay at home mom for most of my adult life. I worked for about 5 years. Am I eligible for Social Security? Hello, To be eligible to collect your own retirement benefits, you must have worked and paid taxes into Social Security for 40 quarters, or 10 years. In your…

Full Question: If a wife collects her social security at age 62, taking a 30% cut for early distributions, and her husband waits till 70 to collect his. If the husbands then passes away, I know the wife is entitled to receive his survivor benefit. This benefit includes the extra 32% because he waited to…

Full question: Once you begin drawing SSA retirement, can it go up or down? Hi there, Unless there are major, immediate changes to the Social Security rules, it can only increase. In fact, it can increase in several ways. First of all, the annual cost of living adjustment, COLA, normally increases benefits unless the COLA…

Full question: I was previously married for 28 years, but am now single, age 67 and collecting Social Security. If I marry a 69-year old lady, who is also collecting Social Security, will her benefit amount change? Hello, Her benefit may change if the spousal benefit she would be eligible to collect is greater than…

Hi, Yes, you can and depending on the amount that you earn during those years, your Social Security benefits may increase due to Social Security’s Recomputation of Benefits provision. Each year you work, you add to your earnings record and Social Security automatically recalculates your benefits. They average your years of earnings through the year…