Ask Larry: Why Shouldn’t I Take Retirement Benefits At 62 Before Divorced Spousal At FRA?

Ask Larry: Why Shouldn’t I Take Retirement Benefits At 62 Before Divorced Spousal At FRA?

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Economic Security Planning, Inc.

Today’s column addresses potential drawbacks to taking early retirement benefits before switching to spousal, claiming retroactive benefits after 70, finding out if an ex is drawing on a worker’s record, retroactive child-in-care spousal benefits and whether a settlement is taxed by SSA.Larry Kotlikoff is a Professor of Economics at Boston University and the…

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