Will my spouse get a bigger benefit as well if I wait until 70 to claim Social Security?
According to the Social Security Administration, delaying your own retirement benefits can significantly increase your monthly payout. This strategy, which involves holding off until age 70 to accrue delayed retirement credits, can create a powerful boost to your retirement income, but will my spouse get a bigger benefit as well if I wait until 70 to claim Social Security? The answer is more complex than a simple yes or no.