Jeffrey Levine of Buckingham Wealth Partners explains what the new life expectancy tables for required minimum distributions mean for IRA account owners.
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Ask Bob: Is It Still Possible to File a Restricted Application and Claim Social Security Benefits From an Ex-spouse?
A reader wonders if he qualifies for a restricted application as well as an increased benefit from claiming Social Security under his ex-wife s earnings record.
Author:
Question
I live in Costa Rica. I’m 68 years old (born 1952), my ex-wife is 75. We were married for 14 years and she made more money than me.
I retired at 62 and began receiving Social Security. Would I qualify for a restricted application, even though I’m receiving my own benefits? If I qualify, can I receive 6 months of benefits as a lump sum, retroactively?