Can I Suspend My Retirement Benefits When I Turn 66?

Mar 8 2017 - 7:45am

I have been receiving social security disability benefits. I will turn 65 years old this year. Is there a way to increase my retirement benefits by suspend them when I turn 66 and wait until I am 70 to start collecting?


Yes, effective with the month that you reach age 66, you can suspend your retirement benefits and resume drawing them at age 70. If you suspend them for the full 4 years, your benefit rate will be 32% higher when your benefits resume at age 70.

You must request suspension no later than the month prior to the month you want to suspend your benefits, so you'll need to contact Social Security at least a month prior to the month you reach age 66 in order to receive maximum delayed retirement credits. Your disability benefits will automatically convert to retirement benefits effective with the month you attain age 66.

Best, Jerry