Social Security
I have reached FRA and collecting my social security. My wife is 63. If she starts collecting social security now on her account she will be penalized. When she reaches FRA can she switch to spousal benefits and not be penalized since she stated her own social security early?
Terry Says
I am never comfortable answering specific situations re SS, because frankly I don’t have all the details at hand. I suggest you go to www.MaximizeMySocialSecurity.com — highlighted in THIS ARTICLE — for specific advice.
