Delayed Retirement Credits

My husband FRA was June 2017. He started benefits with first payment in July 2018. We were told final delayed retirement credits would be paid January 2019. Current statement of Jan 2019 benefits only include the cola adjustment and do not include any due DRC. He called to inquire and was not told anything about due DRCs. Do we need to file an appeal to receive the DRC of the 4% not credited in Jan 2019?

I was born in February, 1951. I applied for social security benefits this past Fall and received my 1st check in December 2018. That 1st check only appeared to include my delayed credits accrued through December 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." I don’t see my 10 delayed credits for 2018 in my January 2019 payment. When should I see my 2018 delayed credits added into my monthly payments?

I turned 66 in August of this year. I am self employed and decided to retire as of November 1. I don't want to start receiving retirement benefits until age 66 and 6 months. My question is, if I am not working now and not receiving any income, do I still get delayed retirement credit for those six months or do you only get credits if you are still working and making money?
Thank you.

Hi,

Hi Larry. I am currently collecting divorced spousal social security since September 2018. My FRA was 8-1952.

My question is: If I decide to start my own social security with January 2019 as the start date, will I receive my social security amount from 8-2018 or will the 4 delayed credits be included in the January 2019 payment.

It would be good to have the 4 delayed credits included in the Jan.2019 payment instead of waiting for a recalculate of the 4 delayed credits at some time in the future. Thank you for your help and advise.

Hi,

I just received an MBA update (effective Oct 1) and lump sum for DRCs. October? Whatever.
But, I believe the lump sum is short. Specifically, it looks like SSA gave me 9 months DRC credit
(correct), but lump sum was 9 months worth, matching checks received for 2018. However,
I started SS Nov 1, 2017, so I believe SSA still owes me "backpay" for those 2 months in 2017.
My question: does SSA do DRC catch up in a single go, or is another check in the mail?

Thanks
Edward

Hi Edward,

What is the best month to file to get the most DRC, delayed retirement credits, until the SSA updates their system to give full credits? Is it December or January? If I file three months ahead, according to the SSA, to get a January payment, I would need to file in October. Also, according to the SSA, the January payment is not payable until the following month. YOu must have lived the entire month to collect.

Hi,

Delay of Delayed Retirement Credits
I understand that for those starting SS benefits between PIA and age 70, DRCs are only initially applied as of the end of the previous year (unless benefits start in January), and full DRCs apply starting the following January. Given that it is believed SSA only does the DRC recalculation every TWO years, does anyone know if the next recalculation is due in January of 2019, or January of 2020?
Thanks!

Hi,

I will be 69 in October, if I apply for retirement benefits now the six Months after my 68th birthday count toward my benefits or I should apply for retroactive
Months?

Hi,

Regarding delayed retirement credits; you indicated the SSA does not update they payments for up to 24 months regarding delayed retirement credits. If you make an initial application including the delayed retirement credits, what amount does the SSA pay for retirement until the DRC is updated and paid? Is it the PIA, or primary insurance amount which is payable until the the DRC is updated? As I understand it, you would only receive the PIA or full retirement age benefit until the DRC is calculated.

Donald inquired as to how DRCs are applied on June 9. I read the link to POMS and confused myself.

If I wait to claim retirement benefits until age 70 do I forfeit COLAs from FRA until 70? I am receiving survivor benefits now. I have not claimed retirement benefits yet. Thanks!

Hi,