I asked the following question a few days ago. "I turned 68 in September 2016. I have applied to start receiving my retirement benefits to receive my 1st check in January 2017 (my 1st check will be the 2nd Wednesday in January 2017). I have read on the Social Security website that "If you retire before age 70, some of your delayed retirement credits will not be applied until the January after you start benefits." Does this mean I will get all my delayed credits earned thru December 2016 in my 1st check that I will receive in January 2017 or will I not get all of them until January 2018?"
My question now is if I change my start date for receiving my retirement benefits to receive my 1st check in February 2017 instead of January 2017 would I get all my delayed retirement credits thru December 2016 in that 1st check that I would receive in February 2017? I am a little confused on how it works!
Yes, if you apply for benefits between full retirement age and age 70, and your initial month of entitlement is January, your initial benefit rate would include all of the delayed retirement credits you are due.