Ask Larry

Although the File and Suspend strategy has little application today, one time that it is useful is when you have an adult child with disabilities. My understanding is that there is a two-year waiting period to be eligible for Medicare. I've suspended benefits while waiting to reach age 70. When I do start receiving benefits, my child will be eligible for 50% of my benefit plus Medicare.

Hi,

Yes, I agree. Your child could potentially complete his or her 24 month qualifying period for Medicare eligibility while your benefits are suspended, even though no monthly benefits would be paid if you suspended your benefits after April 29 2016 (https://www.ssa.gov/planners/retire/suspendfaq.html).

Best, Jerry