Ask Larry

What Are Filing and Suspending and Filing a Restricted Application?

What is the difference between a restricted filing and file and suspend. What is a restricted filing? Thanks, John

John, restricting your application simply means filing for just one benefit when eligible for more than one, which is not the same as filing for your retirement benefit and then suspending it in order to earn delayed retirement credits of 8% per year applied monthly. Thanks, John

Posted: 
Jul 1 2016 - 5:45pm
MaxiFi software running on a laptop
Get What's Yours!
Discover tens of thousands in extra retirement dollars with Maximize My Social Security software!
  • Find your maximized strategy
  • Unlimited what-ifs
  • Step-by-Step filing instructions
  • Our software's lifetime-benefit increase for an illustrative couple earning $65K each and planning to take retirement benefits at 62.

    Results will differ based on your specific case and filing strategy.

Getting Started is Easy
Web-based software. Works on ALL browsers. No download.