How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Stephanie O Joy, Esq Your Own Question
Stephanie O Joy, Esq
Stephanie O Joy, Esq, Soc. Sec. Attorney
Category: Social Security
Satisfied Customers: 13284
Experience:  19+ years legal exp. - 10+ years owning/operating her own SSD Law practice.
10805288
Type Your Social Security Question Here...
Stephanie O Joy, Esq is online now
A new question is answered every 9 seconds

My wife started to receive as at 64 and has continued to

Customer Question

My wife started to receive as at 64 and has continued to work
Her yearly average income has increased since 64.
What needs to be done to increase her monthly as check?
Submitted: 1 year ago.
Category: Social Security
Expert:  Stephanie O Joy, Esq replied 1 year ago.

The biggest way to increase her check is to stop collecting it "early" - when she did that, she opted for a reduction off of her basic benefit amount (primary insurance amount). If she is under 70, each year she refrains from collecting can provide about an 8% bump up in her benefit, generally, until age 70.

Expert:  Stephanie O Joy, Esq replied 1 year ago.
That said, the calculation on what her primary insurance amount is, is based on her top 35 years of income. If she didn't work 35 years, there will be zero years bringing that average down. They find the lifetime average monthly earnings, and give her a % that. Poorer earners get a higher percentage, so they can get to a minimal amount of SS benefit per month. Higher income year additions increases our average monthly income (sometimes, if high enough), but could also reduce the % applied to get benefit amount - although I would see that only with a substantial change in income years.
For this reason, delaying collection of retirement to earn those delayed retirement credits and substantially boost our future benefit til age 70, is the way to increase it the most, oftentimes.
I hope this helps! My goal is to provide you with excellent and accurate service – if you feel you have gotten anything less, please reply back, I am happy to address follow-up questions.
Kindly rate me "excellent" when you are done. I look forward to assisting you in the future, should you have legal questions. Be sure to start future posts with "To Stephanie O Joy Esq., ONLY" if you want me to specifically answer it.
Sincerely, ***** ***** Joy, Esq.
Your online SS legal resource!

Related Social Security Questions