2 Social Security Questions All Married Couples Should Ask
Being married in retirement means having to coordinate certain decisions, one of which is filing for Social Security. You're allowed to sign up for benefits as early as age 62, albeit at a reduced rate. Meanwhile, your full monthly benefit is available to you at full retirement age, or FRA, which kicks in at age 66, 67, or somewhere between, depending on your year of birth.
There's also the option to delay your filing past FRA. For each year you do, up until age 70, your benefits get an 8% boost.
You may be in the process of narrowing down your Social Security filing age. Or maybe you still have no idea when to sign up for benefits. Either way, if you're married, here are two important questions you'll need to ask and answer.
Source Fool.com
