Delayed Retirement Credits

Could My Husband's Ex-Wife Jeopardize His Delayed Retirement Credits By Drawing Early?

My husband is waiting until 70 for delayed retirement credit. He has an ex-wife who will be filing under his record as she is allowed to do. If she files earlier than him, does that jeopardize his increases promised for delayed retirement?


No, regardless of when or if your husband's ex-wife's receives benefits on his record, it won't have any effect on his delayed retirement credits. Nor would her entitlement have any effect on what you could potentially receive as a spouse on your husband's record.

Best, Jerry

Will My Rate Be Higher If I Start Drawing In January?

My full retirement age is 66 and that was on Oct 30, 2016 but I was planning on starting Social Security on Oct 30, 2017 when I turn 67.

When I turned 66 and if I had started taking Social Security, my benefit amount would have been $1668 but when I checked on Jan 1, 2017, the benefit amount showed that I would have received $1707.

I remember reading somewhere (but now cannot find that article) that by waiting until January 1 before starting to take benefits, it would result in a higher payment and wanted to know if that is the case as far as you know.

Should I Give Up Delayed Retirement Credits By Taking A Lump Sum Instead?

I'm 68+ and have "filed and suspended" since FRA at 66. I'm ready to start benefits. I am offered a lump sum of $ 66 K or start taking my higher benefit amount ($ 450 per month higher than my amount at age 66). I'm in good health. Is taking the lump sum or the higher monthly amount the better move? Any key criteria I can use to make the best choice?


If I File At Age 70, Will I Get All Of My DRCs Immediately?

Hi Larry,
I plan on filing for my SSA benefit in July 2018 when I reach 70. Will all DRC's be included in my August check, or will they withhold the DRC's earned from 1/2018 through 7/2018 and add them later?

Thanks for the info.


Yes, if you file effective with the month you reach age 70, all of your delayed retirement credits (DRC) are included in your initial benefit rate.

Best, Jerry

How Much Will My Social Security Rate Increase If I Work Until Age 70?

I just finished reading your book on social security. Page 112 on the Social security calculators - which one will tell me, if I claim at FRA my benefits BUT keep working until age 69, HOW MUCH my social security amount will increase (I do know what my wages will be from age 66-69. Or does your calculator do that? 2nd question, my husband went on social security disability (SSDI) at age 60. He is now age 66 (his FRA). His social security amount is a lot higher than mine.

Will My Benefits Increase If I Suspend Them, Or Must I Withdraw My Application?

My husband turned 66 in September 2016. At my urging he filed for Social Security benefits. We realize it wasn't in our best interests. He suspended his benefits. He just spoke to Social Security. He was told that suspending his benefits and waiting until age 70 will not increase the amount of the benefits. In order to increase the amount of benefits by 8% per year he must withdraw his benefit application and repay all of the benefits he has received. I'm sure that includes the premiums paid to Medicare.