- May 25, 2024
- Posted by: legaleseblogger
- Category: Related News
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## How long will it take for my Social Security benefits to increase?
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Unless your earnings will replace whatever your lowest year used in the calculation is your benefit won’t increase. Years prior to you turning 62 are indexed for inflation, so unless you are making a significant amount working part time this likely won’t have any impact.
If it does they update the records in March and October of each year to credit the prior year’s earnings.
>How long will it take for my SS to increase? I’m thinking SS reviews accounts once a year. Am I right or is there more to this.
You are correct that records are updated annually.
If you are due an increase, expect to see it next year. Don’t expect it to be much (if any).
Unless any current earning year replaces a lower earning year, your benefit will not increase. SSA uses your top 35 years of earnings to calculate your benefit. Well current earnings be higher than any other year or replace a $0 year if you had less than 35 yr of earnings?
FYI, I started the first week of March, 2024.