When will Social Security apply my 4% delayed retirement credit? Started after FRA but before 70

The Delayed Retirement Credits (DRCs) earned in 2024 will be applied to your benefit starting with your January 2025 payment, which you would receive in February. However, the actual processing can sometimes take until March or April depending on SSA's workload. When they do process it, you'll receive any back payments owed from January onward. So if your January payment (received in February) doesn't show the increase, don't panic. It's fairly common for it to take a couple of months. The 4% increase will be applied to your Primary Insurance Amount (PIA), and you'll eventually get any underpayments paid retroactively to January 2025.

THEY NEVER DO ANYTHING ON TIME!!!! I waited 8 months past my FRA in 2023 and was supposed to get my increase in January 2024. Guess what? It didn't show up until APRIL, and I had to call them THREE TIMES to get it fixed!!!! And when they finally did it, they messed up the calculation and I had to fight for another month to get the correct amount. The SSA is COMPLETELY INCOMPETENT when it comes to calculating these increases. Good luck getting yours without having to battle them!

I had the exact same situation last year. Delayed 7 months past FRA and started benefits in August 2023. My DRC increase didn't show up in my January or February 2024 payment. I called in mid-February and the agent told me they were processing DRCs in batches and mine would be in the March payment. She was right - March payment (received in April) included my increase plus retroactive amounts for January and February. One thing to watch for - make sure when they finally process it that they calculate your months correctly. They initially only gave me credit for 6 months instead of 7, and I had to call back to get it corrected.

my husban got his increase back in february last year but they owed him for 9 months of delay so maybe thats why it was faster?? the extra money was nice tho haha. we went on a cruise with the back pay!!

When I was dealing with this DRC issue last year, I kept getting disconnected every time I tried to call SSA. After my 5th attempt, I tried using Claimyr (claimyr.com) which got me through to an agent in about 15 minutes. They connected me to SSA and stayed on the line until an agent picked up. The agent confirmed my DRC was scheduled for processing in the next batch and would appear in my next payment. Saved me days of frustration trying to get through. They have a video showing how it works at https://youtu.be/Z-BRbJw3puU if you're curious. It was worth it to actually talk to someone who could check my specific case.

you might wanna double check ur math. i think its actually 0.5% per month not 0.67%. so 6 months would be 3% not 4%. unles they changed the rules recently?

Anyone know if they pay interest on the retroactive DRC payments? Just curious.

Update: I called SSA this morning (was on hold for 1.5 hours!) and finally spoke with an agent. They confirmed my DRC adjustment is scheduled to be processed in their February batch, so I should see the increase and any back payments in my March payment (which arrives early April). The agent also verified they have the correct number of months (6) for my delay. Thanks everyone for your help! I'll update again when I actually see the increase.