4 If you were born before January 2, 1954, and have already reached full retirement, you can choose to receive only the spousal benefit and delay receiving your retirement benefit until a later date. If you were born January 2, 1954, or later, you are required to file for both benefits at once, and you'll generally receive the higher amount. Source: Social Security Administration, "What Every Woman Should Know," January 2021.
Opinions are as of the date of this article 04/28/2022 and are subject to change.
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This information should not be construed as investment advice and is subject to change. It is provided for informational purposes only and is not intended to be either a specific offer by Bank of America, Merrill or any affiliate to sell or provide, or a specific invitation for a consumer to apply for, any particular retail financial product or service that may be available.
Social Security discussion is provided for informational purposes only and is not intended to provide specific advice. If you have questions regarding your particular situation, you should contact the Social Security Administration and/or your legal advisors.
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