Ask Larry

Can I File At Age 62 And Then Suspend My Benefits From Age 66 To 70?

Hi Larry, i will be 62 this year, is it true I can apply for social security now and then at 66 years old suspend benefits until 70 ?
Also the ex owes 57,000 dollars in back pay child support, he only pays 79.00 dollars a month court ordered. He has been on disability for over 25 years , he just turned 62 years old, will he then just be on regular social security?

Hi,

Close. You could apply for reduced retirement benefits at age 62 and then suspend your benefits from your full retirement age (FRA) of 66 & 4 months until age 70. You may want to strongly consider using our maximization software to see if that might be advantageous in your case.

Your ex's Social Security disability benefits won't convert to regular retirement benefits until he reaches FRA unless for some reason he chooses to file for reduced retirement benefits before then.

Best, Jerry

Posted: 
Mar 7 2018 - 7:09am
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