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Showing posts with the label socialsecurityclaimingstrategiesformarriedcouples

Will I Lose Half of My Social Security If Spouse Claims Half? - YMYW podcast

On the Your Money, Your Wealth® podcast episode #208, Joe Anderson, CFP® and "Big Al" Clopine, CPA answer this question from Tom: "My wife turns 62 in Feb of 2019. I turn 70 in July. I have been drawing SSI since 62, as it was necessary. We were wiped out in the housing crash of 2017-ish, so no saving or other income. My wife could take her SSI at about $700 per month, or I hear she could apply for half my $1990 that I receive. Question; Do I lose half my SSI if she claims half? Given the scenario above, should she take her SSI? Thank you." Listen to the full podcast and read the transcript and show notes: If you would like to schedule a free assessment with one of our CFP® professionals, click here: Make sure to subscribe to our channel for more helpful tips and stay tuned for the next episode of “Your Money, Your Wealth.” Channels & show times: IMPORTANT DISCLOSURES: • Investment Advisory and Financial Planning Services are offered through P