Social Security retirement delay credit not compounded
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Subject
Author
Date
Social Security retirement delay credit not compounded
Ron Peterson
12-12-2007
Posted by
Ron Peterson
on December 12, 2007, 12:00 pm
See http://www.ssa.gov/OACT/ProgData/ar_drc.html
Although baby boomers are supposed to get 8% credit for each year up
to age 70, the last year is is only 100 * 8 / 124 = 6.45%.
--
Ron
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