One of my partners discussed this technique with me and others, went ahead with it, and it works! This is what he did: he and his wife have both reached age 66. He’s going to continue to work and will likely delay receipt of his Social Security benefits until age 70. He filed for Social Security benefits and then asked that his benefits be suspended; that is, not paid to him now. Then, his wife filed to receive spousal benefits, about one half of the benefit he would have received if he had not suspended his benefits. Now, his wife will receive that benefit and can also wait until a later date to begin receiving her own benefits. Husband and wife met with Social Security representatives to review the transaction, it was found to be correct, and payments will begin shortly. This is a good example of the importance of checking various types of government and non-government programs to see what options exist.
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