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Learn more about Social Security spousal benefits and how these 13 things can help you work on a better retirement plan for yourself and your partner.
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This Social Security Claiming Strategy Could Be the Best Way for Couples to Maximize Their Benefits
If you expect to claim spousal benefits, though, you won't be able to boost your payment by as much. Spousal benefits max out when you reach full retirement age, which will range between 66 and 67 for most readers depending on when you were born. Still, waiting to claim benefits until you reach that threshold could be worth it for some.
Most people don’t actually wait until 70. For at least some of them, it makes a lot of sense.
The federal government and some states tax Social Security. But even if you live in a state that doesn’t tax your benefits, you should still have a financial and tax plan that maximizes your retirement income.