PracticeVideosBlogFlashcardsEspañol

Delayed Retirement Credits

Delayed Retirement Credits are permanent increases to Social Security benefits for delaying past Full Retirement Age, adding 8% per year up to age 70.

Get personalized explanations
💡

Exam Tip

DRCs = 8% per year past FRA (up to age 70). NO credits after 70. Spousal benefits do NOT get delayed credits.

What Are Delayed Retirement Credits?

DRCs are permanent increases for postponing Social Security benefits beyond FRA.

Credit Rate

  • 8% per year (2/3% per month)
  • Maximum at age 70
  • Maximum increase: 24-32% depending on FRA

Study This Term In

CFP Certified Financial Planner

Study GuidePractice QuestionsCheat SheetFlashcardsCourse Playlist20 videos6 blogs
109 terms5 comparisons

Third-party resources · We may earn a commission from purchases.

Secrets of the CFP Exam Study Guide: CFP® Test Review for the Certified Financial Planner Exam (Mometrix Secrets Study Guides)

By CFP® Exam Secrets Test Prep Team

$54.99 · Buy on Amazon

Take courses on UdemyExam information on AchievableFlashcards on Mometrix

Series 65

Study GuidePractice QuestionsCheat SheetFlashcardsCourse PlaylistClient Conversations Mastery85 videos16 blogs
107 terms7 comparisons

Third-party resources · We may earn a commission from purchases.

Kaplan Series 65 License Exam Manual, 12th Edition

By Kaplan Financial Education

$81.74 · Buy on Amazon

Practice exams on ExamEdgeOnline course on MometrixPrep course on Achievable

Series 66

Study GuidePractice QuestionsCheat SheetFlashcardsClient Conversations Mastery75 videos14 blogs
98 terms4 comparisons

Third-party resources · We may earn a commission from purchases.

Series 66 Study Guide 2025–2026: 10 Full-Length Practice Tests, 1600+ Realistic Questions, Detailed Answer Explanations, and Proven Strategies to Pass the Uniform Combined State Law Exam

By Bean, Charles K.

$29.99 · Buy on Amazon

Practice exams on ExamEdgeFlashcards on MometrixPrep course on Achievable

Related Terms

Full Retirement Age (FRA)

Full Retirement Age (FRA) is the age at which a person can receive full, unreduced Social Security retirement benefits - age 67 for those born in 1960 or later.

Where shall we go next?

Your AI study companion · 10 free interactions a day

Stay Updated

Get free exam tips and study guides delivered to your inbox.

Free exam tips & study guides. Unsubscribe anytime.

← Back to Full Glossary