Retirement Benefits

Which Earnings Years Will Social Security Use To Calculate My Benefit Rate?

I am 62 and plan to work until my full retirement age of 66 and 4 months. Will SS calculated my earnings thru 66 and 4 months to gather the highest salary that i have earned? I heard that once you turn 62 no matter how much you make after 62 it is not included on the calculations for your monthly SS earnings. I hope this is wrong since my earnings will probably be the highest between now and 66 and that is one of the reasons i hope to stay working until 66.
Thank you in advance for your reply.

Hi,

Can You Clear Up My Confusion?

I am using your very useful software, but I have a general question - I'm filing for the first time (age 70 in early January) and one of the most confusing questions on the SS online form is: "What date should benefits start?" I presume 01/2019 not the following month. I read on AARP that eligibility starts the month AFTER your birthday. Confused. Can you clarify? Many thanks.

Hi,

If I Continue To Work Until Age 70 Will Those Last 4 Years Be Used To Calculate My Benefit Rate?

I will be 66 (my full retirement age) in September, 2018. Upon reaching age 66 I will have only 23 years of employment that will get used to determine my social security benefit and the rest of the years are zeros. If I continue to work until age 70, will those last 4 years replace 4 zeros? Will I then have 27 years of employment that will get used to determine my social security benefit? Or do only the years of employment before full retirement age replace zeros? Thank you very much.

Hi,

Do You Have Any Advice For Increasing My Benefit Rate?

I will be 64 in November. I have been out of work since April 2018. I recently filed for Social Security benefits. I'm still applying for jobs. Any advice to increase my benefits or savings should find a job? Fyi I am single, but was married 17 years. Birth date is Nov 1954. Don't think I can claim under ex-. My benefit at 64 is higher than his full benefit, which he has been getting.

Hi,