Does my benefit increase if I make more

Reply Sat 9 Nov, 2013 02:18 pm
I'm still working and my salary increased approximately $5200 this past year. I also turned 60 this year. Will that increase in salary also increase my monthly SS benefit when I do eventually apply?
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Reply Sat 9 Nov, 2013 02:56 pm
Yes. The calculation is based on something like the best 35 of the last 40 years. Earlier years are adjusted for inflation. It probably won't be a great increase, depending on what kind of earning you had in the previous 30 years.
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