How filing after full retirement age affects your Social Sedcurity payment

Based on full retirement age of 67 and full retirement benefit of $2,000

table showing effect on social security retirement benefit of delaying claim past full retirement age at six month intervials

(Please use a modern browser to see the interactive version of this visualization)

* Initial benefit upon claming. Benefits are recalculated annually based on factors such as cost-of-living adjustment (COLA) and income if you are stil working.

Source: Social Security Administration