Skip to content

If my projected Social Security benefit is larger than the maximum monthly benefit, can I still take advantage of delayed retirement credits?

En español | Yes. The maximum benefit is for those who have reached full retirement age (FRA), which is currently 66 and is gradually rising to 67 over the next several years, and whose work income exceeded Social Security's maximum taxable earnings for at least 35 years. If your projected monthly benefit is $3,011 — the maximum monthly benefit for someone reaching full retirement age in 2020 — you can still take advantage of delayed retirement credits between FRA and age 70. So you would technically receive more than the maximum amount.

Updated March 25, 2020

Join the Discussion

0 | Add Yours

Please leave your comment below.

You must be logged in to leave a comment.