Ask Larry

Can I Suspend My Benefits When I Reach Full Retirement Age?

I am 62 and have been drawing Social Security Disability for more than 7 years. When I reach full retirement age can I suspend my Social Security until Age 70 to increase my check amount.

Hi,

Yes, you can, and if you do so you'll increase your subsequent benefit rate by 2/3rds of 1% for each month that you suspend your benefits between full retirement age and age 70. Just to be clear, though, you couldn't receive Social Security disability benefits or any other type of Social Security benefits while your benefits are suspended, so you won't receive any benefits for as long as you elect to earn delayed retirement credits (DRC).

Best, Jerry

Posted: 
Oct 9 2019 - 8:10pm
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