What Happens If You Don't Take Social Security at 70?

If you start receiving retirement benefits at age: 67, you'll get 108 percent of the monthly benefit because you delayed getting benefits for 12 months. 70, you'll get 132 percent of the monthly benefit because you delayed getting benefits for 48 months.

Do I have to pay Social Security after age 70?

As long as you continue to work, even if you are receiving benefits, you will continue to pay Social Security taxes on your earnings.

Can you delay Social Security after 70?

There is no incentive to delay filing for your benefits after age 70. If you are not receiving your Social Security benefits when you turn 65, you will need to apply for Original Medicare (Part A and Part B) three months before you turn 65.