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Do Social Security Statements Include Delayed Retirement Credits (DRCs)?

delayed retirement credits (drc) hey marc! Feb 22, 2023

Do Social Security statements include DRC’s?

Yes, Social Security benefit statements do include Delayed Retirement Credits (DRCs). DRCs are earned when you delay taking your Social Security benefits beyond your Full Retirement Age (FRA). For every month you delay taking benefits past FRA, your benefit amount increases, up to age 70.

When you receive your Social Security statement, it reflects these DRCs in the estimated benefit amount if you have delayed filing for benefits. This is in addition to any assumed wage increases that might be factored into the statement, providing an accurate estimate of what your benefits would be when you choose to start receiving them.

The content on this blog is for informational purposes only and is not legal, financial, or professional advice. Social Security rules change periodically, so some information may become outdated. For the most accurate advice, consult a certified National Social Security Advisor (NSSA®). Social Security Professionals, LLC, and NSSA® are not responsible for any errors, omissions, or actions taken based on this blog's content. Use of this blog does not create a client relationship, and all information is provided "as is" without guarantees. By using this blog, you agree to hold Social Security Professionals, LLC, and NSSA® harmless from any claims or liabilities arising from its content. For personalized guidance, contact an NSSA® professional.

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