A. While there are a few different strategies for couples to claim social security benefits, below are 3 main strategies to consider:
- A couple with similar incomes and ages may want to consider maximizing lifetime benefits by both delaying their claim.
- For couples with big differences in earnings, consider claiming the spousal benefit which may be better than claiming your own.
- A couple with shorter life expectancy may want to consider claiming earlier.
In our next blog post, we will discuss 3 situations where one's marital status determines the best social security claiming strategy.