The Social Security Spousal Benefit is one of the most underrated offerings from the SSA. This benefit has turn many a sparse retirement into one of comfort and enjoyment. Yet as important as this add-on really is, the Social Security Spousal Benefit does have significant financial penalties for claiming early. So why do so many husbands and wives take this early?

This video covers the most cited reasons for taking the benefit early (outside of, “I’ve paid into the system for 40 years so I’m due,” (which is #1 by a long shot 🙂 ).

Geoff Schmidt

View all posts