What are the new rules for voluntary suspension resulting from the Bipartisan Budget Act of 2015?

If you submit a request to suspend your benefits to earn delayed retirement credits on or after April 30, 2016, you will not be able to receive auxiliary benefits on someone else’s Social Security record. In addition, if you suspend your benefit, anyone receiving benefits on your record (excluding divorced spouses) will also be suspended for the same months you request suspension.

Finally, for requests submitted April 30, 2016 and later, payments will be suspended the month following the month in which the request was made and ending with the earlier of the month before the month in which the individual turns age 70 or the month following the month of the request to resume benefits.
 
For more information, see Retirement Planner: Recent Social Security Claiming Changes.
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Topic Information
  • Topic #: 34011-4261
  • Date Created: 04/21/2017
  • Last Modified Since: 06/15/2017
  • Viewed: 2913