Suspending Retirement Benefits

What Happens If I Collect From Age 66 To 68 And Then Suspend My Benefits?

I just turned 64 this year. In two years when i am at full retirement age can collect my social security for two years, suspend it, continue to work and pay into my social security untii age 70? Can you please explain how this would work. I have a credit card debt that needs to be paid off. Thank you!

Hi Brad,

Can I Suspend My Retirement Benefits When I Turn 66?

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.

How Does My Husband Go About Suspending His Benefits?

Having recently (2010) been diagnosed with rheumatoid arthritis, I filed for SSDI in 2011 (denied) and again in 2013. My husband had to start collecting early retirement as I was unable to work. My SSDI claim was finally approved in 2016. I read in your book about having to claim early due to hardship/recession and when turning 66 it may be good to suspend benefits until age 70. Is that correct? If it is correct, my husband turns 66 in February 2017 so does that mean he has to notify SSA to suspend benefits by the end of January 2017?

Can I Suspend My Benefits At FRA And Draw Spousal Benefits?

I am currently 59 yrs. old and have been receiving SSDI for 15 years. I understand that my SSDI benefits will revert to SS retirement benefits at age 66 yrs. old. I am married and my 69 yr. old husband is still working full time. My question is once my SSDI benefits convert to SS retirement benefits at age 66 yrs. old is there a way to suspend collecting my SS retirement benefits at that time in order to receive a higher amount of SS retirement benefits when I am 70 yrs. old? Can I at age 66 yrs. old claim SS retirement benefits on my husband's SS benefits?

When Should I Submit My Request For Suspension Of Benefits?

I am currently recieving disability benefits, will be 66 in jan 2017 i went to the local social security office today to suspend my benefits at fra in order to recieve drc originally ssa agent said since i have recieved disability could not recieve drc, but upon ssa agent checking with someone else was advised i could recieve drc but could not apply/suspend until i have reached fra i was given a form ssa-795 looking again at a link you had sent me previously - ssa/voluntary suspension faq #1- it is saying suspend the month before payment is due (jan benefit = feb payment) so am

Can I Suspend Benefits Without Paying Back What I've Already Received?

Thanks for taking this question. Have been getting conflicting answers from 2 different CFPs so here goes. I turned 66 this past August 2016. Applied for and begin receiving my Soc Security benefit at that time. Now 4 months later I realize I do not need the money at this time. Wife is 62 and is entitled to her own benefit which is higher than mine. We plan not to have her apply till age 70. She is not collecting any kind of Spousal Benefit.

Can My Husband Take Retroactive Benefits Now And Still Be Allowed To Suspend His Benefits Later?

My husband turned 66 May 5 and didn't file for Social Security, thinking he would try to maximize his total monthly benefit by waiting. However we have had a financial crisis and he now needs to apply. If he takes the 6 months retroactive benefits (which would help us through this emergency), but then got the job he has been hoping to get hired for sometime in 2017, could he suspend his monthly benefits and start re accruing the 8% per year again?

How Do I Go About Suspending My Benefits?

I am writing social security to suspend benefits however the only address they list is for public inquiries and am unsure if this is the correct place and for email it said not to include a social security number, so not that and for online, suspending benefits was not one of the choices from their drop down menus want to make sure i do this correctly thank you once again