Americans who have attained FRA but are not even 70 years old can demand a delay in their retirement benefit payments from the Social Security Administration, which will lead to a higher payment.

The SSA stated on its website that deferring your social security payments until later may earn the beneficiaries delayed retirement payments for every month their benefits are delayed. When individuals start accumulating, those credits transform into additional money.
You may willingly delay benefits for just about any month you haven’t received a payment if you claim benefits and the SSA hasn’t yet assessed whether you are eligible.
Points To Note
According to the SSA, there are several things you should know before suspending your payments:
- You can deliberately delay retirement benefit payments until you reach the age of 70 if you are already eligible. Your payments will be suspended from the first of the month following your request.
- The month after your Social Security benefits are due, and you will be paid. So, for example, if you contact the Social Security Administration in June and ask for benefits to be suspended, you will still get the payment for June in the month of July.
- Your proposal to cease benefit payments does not require you to sign it. Instead, you may directly call or write to the SSA.
- If your welfare benefits have been suspended, they will begin once again on the month you turn 70.
- If you make your decision and just want the payouts to begin before you turn 70, call the Social Security Administration and let them know whenever you want your benefits resumed.
- The voluntary suspension period begins no sooner than the month after the month in which the request was made. Suspension can’t start until then, or until you’ve reached FRA or
your month of benefit eligibility. - Those who get benefits on their record will not be eligible to receive benefits for the very same period that their payments are delayed if they willingly suspend their payout. On the other hand, a divorced spouse will be eligible to continue collecting benefits.
- Any payments you receive on somebody else’s record will be terminated if you willingly stop your retirement benefits.
- Your Medicare Part B premiums will not be collected from your benefits while they are halted.
- If you seek suspension voluntarily, the Social Security Administration will only allow benefit restoration the month after your application.
If you come back to work when your payments are on hold, your earnings will be factored into your benefit computation, potentially increasing your future benefits.
