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Ask Christopher B, Esq. Your Own Question
Christopher B, Esq.
Christopher B, Esq., Attorney
Category: Social Security
Satisfied Customers: 2677
Experience:  associate attorney
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Can a retirement in social security automatically increase.

Customer Question

Can a retirement in social security automatically increase.
Submitted: 10 months ago.
Category: Social Security
Expert:  Christopher B, Esq. replied 10 months ago.

My name is***** and I will be helping you with your question today. This is for informational purposes only and does not establish an attorney client relationship.

Yes, but it should only be in small increments for the cost of living increase. Normally when you lock in your amount and take your retirement, it stays in place. Your benefit can increase by not taking it until age 70 as you have a deduction for taking it before full retirement age (age 66) and a credit for waiting to take it after full retirement age.

Please let me know if you have any further questions and please positively rate my answer if satisfied.

Expert:  Christopher B, Esq. replied 10 months ago.

Just checking back in, do you have any further questions?