Ask Larry

Can I Suspend My Social Security Benefits At Age 66?

Hi Larry, I wanted to know if I can suspend/delay my social security benefits at 66 to 70. If I can do this currently receiving ssdi benefits due a w/c injury 15 yrs. ago will it prevent workers comp in Maine from being able to deduct funds from my weekly benefits , which is the case if I am receiving regular soc. sec. Thanks

Hi,

Your Social Security benefits will automatically convert from disability benefits to retirement benefits when you reach your full retirement age (FRA). You could suspend your retirement benefits at that point in order to receive delayed retirement credits, but that would mean going without any Social Security benefits until you reach age 70 or ask to have your benefits reinstated.

I'm sorry but I don't know anything about worker's compensation rules in Maine, so I can't tell you how any of the above would affect your worker's comp benefits.

Best, Jerry

Posted: 
Dec 30 2017 - 7:48am
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