Full question: My wife is getting Railroad Retirement and is receiving $1,423 a month. Her Social Security statement says that she is eligible for $2,309 a month under Social Security. Can you please tell us what her options are if any at all? Thank you. Hello, Railroad retirement benefits and Social Security claiming strategies can…

Full question: I am 67 & 2 months. My expected earned benefit will increase by about 8% if I wait until Jan 2023 to claim my benefit. Will my benefit also be increased by the expected 8% + COL ? In other words, would I receive both increases? Hi there, Yes! After Full Retirement Age,…

Full question: I am 70 and deferred claiming until now, receiving my first check this month. My wife turns 62 this December and we’re trying to determine whether to claim hers at that time or how advantageous it might be to have her wait until 67. Not sure how the spousal benefits rules impact this….

Full question: I currently receive Survivor benefits and I’m wondering what my own Social Security benefit would pay. I am 65 and full retirement age is 66+4. Should I wait until I’m 70 to collect my own and will I ever be able to collect 100% of deceased husbands? Hi there, If you are collecting…

Full question: My mom (68 years old) is receiving survivor benefits and is in the process of selecting an annuity option from TRS. She doesn’t have 40 credits and paid into TRS only. We’ve been prepping and searching for answers on IF and how a partial lump-sum option affects the government pension offset, GPO. Do…

Full question: I understand my wife can receive half my Social Security benefit, as her Social Security benefit. For her to receive the maximum amount this does she need to wait until her FRA? I am 3.5 years older than her and will reach my FRA mid-2023. Thanks. Hello, If your wife is not entitled…