Should My Husband Suspend His Retirement Benefit

Jun 24 2016 - 11:00am

Larry,

My husband started receiving SS at 65 and 8 months. He is now
69. He has and is still working full time. Would his benefits increase if he
suspended SSC benefits and restarted in 6-12 months? He will be 70
in 2017.

Your husband can and probably should suspend immediately. He'll boost his benefit by 8/12 or .67 percent for each month he suspends between now and 70.

best, Larry