Advanced Underwriting Consultants

Question of the Day – April 29

Ask the Experts!

The professionals at Advanced Underwriting Consultants (AUC) answer the tax and technical questions posed by producers.  Here’s the question of the day.

Question: My client is 68, and recently started receiving social security retirement benefits.  His wife is 46, and has a 14 year old daughter from a prior relationship.  The wife has not yet worked enough to be eligible for her own social security benefits.  Is the wife eligible for any additional social security benefits because of the client’s retirement?

Answer: Most likely,yes.

The Social Security Administration website does a good job of explaining what benefits might be available to individuals.  Here’s what it says about this situation:

If you did not work long enough to qualify, but your spouse is receiving Social Security benefits, you can … receive the spouse’s benefit no matter what your age is if you are caring for his or her child who is also receiving benefits.

You would receive these benefits until their child reaches age 16. At that time, the child’s benefits continue, but your spouse’s benefits stops unless you are old enough to receive retirement benefits (age 62 or older) or survivors benefits as a widow or widower (age 60)….

And here’s how the website defines the children who are eligible to receive benefits:

When you qualify for Social Security retirement benefits, your children may also qualify to receive benefits on your record. Your eligible child can be your biological child, adopted child or stepchild. A dependent grandchild may also qualify.

Have a question for the professionals at AUC?  Feel welcome to submit it by email.  We may post your question and the answer as the question of the day.