Larry,
I retired 65 and will reach my full retirement age in 8 months. If I delayed taking it for another year or two would my monthly base amount increase (~8% for year) or does that sonly happen if you continue to work. i.e. If you reach you full retirement if you stop working/contributing your base amount is frozen except of Cost of Living increases, even if you delay taking it?

Hi,

Yes, your benefit rate would grow by 2/3rds of 1% for each month, or 8% per year, that you defer collecting benefits from full retirement age (FRA) until age 70. That's true regardless of whether or not you continue working.

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Best, Jerry