Social Security Update

My accountant informed me that the file and suspend game has been ended by congress, effective April 2016. It seems I bought a calculator from Esplanner to help me figure out the best way to maximize SS payouts. I wonder if there is an updated version. I'm 70 and have been receiving ss since I turned 66. My wife is 65 and she is working still. We were planning to have her receive spousal benefits at 66 then go on her benefit at 70. What do the new rules dictate we do to maximize our benefits?

Comments

Never mind: I found the program I had bought from you and my subscription was still good. Because my wife was born before 1954 she can still take spousal benefits then take her social security (which will be higher than mine) when she turns 70, so for us the changes Congress introduced do not impinge on our plan.

We use cookies to deliver the best user experience and improve our site.