Ask Social Security Questions and Get Answers ASAP
The maximum benefit depends on the age you retire. For example, if you retire at full retirement age in 2016, your maximum benefit would be $2,639. However, if you retire at age 62 in 2016, your maximum benefit would be $2,102. If you retire at age 70 in 2016, your maximum benefit would be $3,576.
So - based on your information - you delayed your benefits after your full retirement age - and the amount $3568 includes that increase.
The "primary insurance amount" (PIA) is the benefit (before rounding down to next lower whole dollar) a person would receive if he/she elects to begin receiving retirement benefits at his/her normal retirement age.
Your spouse's benefits would be determined based on YOUR benefits at your full retirement age (without considering that increase because of delay).
Then - these benefits may be reduced if your spouse will start before her full retirement age.
.I appreciate if you take a moment to rate the answer.
Experts are ONLY credited when answers are rated positively.
If you still have any doubts, need clarification - please be sure to ask.
I am here to help you with all tax related issues.