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Experts at Maximize My Social Security have answered more than 10,000 questions about Social Security over many years. Search for your questions and answers here.
Are Delayed Retirement Credits Compounded?
Is the 8% per year delayed credit compounded?
Hazrat,
No, it's not compounded. So, a 4 year delay means a 32% increase.
Best,
Mike
Category:
Posted:
July 11, 2016