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Delaying retirement doesn't increase Social Security spousal benefits

12:20 PM  Pisstol Aer   Labels: ,

“The calculation of Social Security spousal benefits works differently from the calculation of retirement benefits, writes Mary Beth Franklin. For each year a worker delays taking retirement benefits beyond full retirement age up to 70, the benefit is increased 8%. The delayed-retirement credit doesn't apply to spousal benefits.” Source: Investment News
More info from Ray Martin at MoneyWatch: http://www.cbsnews.com/8301-505146_162-57583321/the-lowdown-on-social-security-spousal-benefits/
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Delaying retirement doesn't increase Social Security spousal benefits
Delaying retirement doesn't increase Social Security spousal benefits
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