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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.
July 28, 2021
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Does SSA Earn Interest On The Money In The General Account?
Does SSA earn interest on the money in the general account? If so, does delaying payments allow them to earn interest on the money until it is disbursed?
Hi. Yes, and yes (https://www.ssa.gov/oact/progdata/fundFAQ.html#:~:text=Far%20from%20being%20%22worthless%20IOUs,repaid%20Social%20Security%2C%20with%20interest.).
Best, Jerry