Q. My wife started receiving her own reduced Social Security benefit at age 62, about a year ago. I am younger and plan to start receiving my own benefit at full retirement age (66). Since my benefit will be substantially higher than hers, I know that she is entitled to a spousal benefit equal to one-half of my benefit. However, since she started receiving reduced benefits under an age penalty, would her spousal benefit (i.e., half of mine) also be reduced forever due to the age penalty?
A. If your spouse claims her own benefit early and then later claims a spousal benefit, the spousal benefit will also be reduced as though she had claimed it early.