ASK RUSTY (cont.)
62 amount when you claimed was $1125. But due to the special rule, your wife would get $1238 (82.5% of $1500) instead of the reduced $1125 amount. Of course, this example doesn’t reflect the COLA (cost of living) increases which would have been applied to your benefit over the years, but as your widow and because you claimed before your full retirement age, your wife would be entitled to at least 82.5% of your PIA if that is more than the actual amount you were receiving when you passed.
This article is intended for information purposes only and does not represent legal or financial guidance.
It presents the opinions and interpretations of the AMAC Foundation’s staff, trained and accredited by the National Social Security Association (NSSA). NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (amacfoundation.org/programs/ social-security-advisory) or email us at ssadvisor@ amacfoundation.org.
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