Should I start collecting widow benefits now that I'm 60?
Answers | 1
You also want to consider whether your survivor benefit is greater than the benefit based on your own work record. You will get the greater of the two, but only the survivor benefit is available as early as age 60. The earliest you can file for your own benefit is at age 62.
The amount that an individual will receive depends on the age at which they file for benefits calculated as a percentage of their full retirement age (FRA).
If benefits are started before FRA, then they will be reduced. If they are started after FRA, then they will be increased. Once the benefit has started, the monthly amount will not be adjusted, except for cost of living adjustments.