Would you please explain what the 6 month retroactive benefit is and how it works. I am 68 years old, my FRA was 66 and I am still working and haven't filed for my
S.S. retirement benefits yet
I'll try. Since you are older than full retirement age (FRA), when you file for benefits you will have the option to claim benefits up to 6 months prior to your month of filing. However, taking the retroactive benefits will come at the cost of receiving a lower monthly benefit rate for life.