Can I stop and restart Social Security benefits? There will be no additional delay credits for suspending your Social Security benefits — once you reach this age threshold.
It’s possible to start benefits at one age and then stop receiving the benefits, starting them up again later. But this is not always the best option, because it might not work the way you want it to. There are strict limitations on how this can be accomplished.I took Social Security at 62 after the Great Recession to supplement my loss of income. I have been working since then . I have two projects this year that will put me back in a substantial income level.
Absolutely this can be done as the reader suggests. However, since his wife is receiving benefits based on his record, her benefit will be suspended at the same time while his own benefit is suspended. Read: I’m 62, single and never had a retirement account. I have $100,000 to invest, but is it too late?
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