{"id":3080,"date":"2024-04-02T14:49:00","date_gmt":"2024-04-02T19:49:00","guid":{"rendered":"https:\/\/www.connerash.com\/blog\/?p=3080"},"modified":"2024-05-17T14:51:56","modified_gmt":"2024-05-17T19:51:56","slug":"april-2024-client-profile","status":"publish","type":"post","link":"https:\/\/www.connerash.com\/blog\/april-2024-client-profile\/","title":{"rendered":"April 2024 Client Profile"},"content":{"rendered":"\n<p>Jack retired early and began receiving Social Security benefits. Now he misses working. Can he stop his benefits and start them again in a few years?<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"667\" src=\"https:\/\/www.connerash.com\/blog\/wp-content\/uploads\/2024\/05\/April_2024_Client_Profile.jpg\" alt=\"\" class=\"wp-image-3081\" style=\"width:383px;height:auto\" srcset=\"https:\/\/www.connerash.com\/blog\/wp-content\/uploads\/2024\/05\/April_2024_Client_Profile.jpg 1000w, https:\/\/www.connerash.com\/blog\/wp-content\/uploads\/2024\/05\/April_2024_Client_Profile-300x200.jpg 300w, https:\/\/www.connerash.com\/blog\/wp-content\/uploads\/2024\/05\/April_2024_Client_Profile-768x512.jpg 768w\" sizes=\"auto, (max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure>\n<\/div>\n\n\n<p>Since it\u2019s been more than 12 months since Jack started receiving benefits, he\u2019ll have to wait until he reaches full retirement age to suspend his benefits. Fortunately, that\u2019s only a couple months away.<\/p>\n\n\n\n<p>Temporarily suspending his benefits will then earn him delayed retirement credits and a higher monthly benefit when he resumes payments. When he fully retires, his Social Security benefits will also be boosted by not being subject to federal income tax as they might be if he works and collects benefits.<\/p>\n\n\n\n<p>It&#8217;s different for someone who started receiving Social Security within the last 12 months. They\u2019d need to file IRS Form SSA-521, essentially making their situation as if they\u2019d never received benefits (other requirements may apply). And, they\u2019d have to pay back everything they\u2019d received in benefits.<\/p>\n\n\n\n<p><em><sub>Client Profile is based on a hypothetical situation. The solutions discussed may or may not be appropriate for you.<\/sub><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jack retired early and began receiving Social Security benefits. Now he misses working. Can he stop his benefits and start them again in a few years? Since it\u2019s been more than 12 months since Jack started receiving benefits, he\u2019ll have to wait until he reaches full retirement age to suspend his benefits. Fortunately, that\u2019s only &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.connerash.com\/blog\/april-2024-client-profile\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;April 2024 Client Profile&#8221;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,91],"tags":[],"class_list":["post-3080","post","type-post","status-publish","format-standard","hentry","category-newletters","category-social-security"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>April 2024 Client Profile - Conner Ash<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.connerash.com\/blog\/april-2024-client-profile\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"April 2024 Client Profile - Conner Ash\" \/>\n<meta property=\"og:description\" content=\"Jack retired early and began receiving Social Security benefits. 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