At age 67 I changed from survivor SS to my SS. I was told at that time that my SS would increase at age 70. If this is true when will I get my increase? I turned 70 October 22, 2019.
Hi,
I'm sorry to tell you this, but it sounds like you must have been misinformed. If you had waited until age 70 to switch to your own Social Security retirement benefits then your benefit rate would have continued to grow by 8% per year due to delayed retirement credits (DRC). However, once you start drawing your own benefits you stop accruing DRCs.
Best, Jerry
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Posted:
Dec 18 2019 - 4:55pm