What  is Delay & Gain?

Throughout most of our working lives, we often dream of retirement and its promise of freedom from strict schedules, traffic jams, demanding jobs, overbearing bosses, difficult co-workers, physically tiring work, boredom or lack of wage growth.  The reasons to retire as soon as possible can easily pile up during a working life that spans decades. For many workers, the strong desire to stop working may cloud their decision about when it’s best, financially speaking, to call it quits. This could cause retirees, particularly women, to lose thousands of dollars of Social Security income over the course of their retirement, placing them in potential financial peril.

The Delay & Gain education project is for older workers who are nearing retirement. Our goal is to help near-retirees make informed, financially sound choices through an understanding of the increased Social Security benefits gained by a delay in filing their claim.

Video: How to Receive a Larger Monthly Benefit

Learn why deciding when to claim Social Security retirement benefits is one of the most important decisions a worker will ever make – and how delayed claiming can really pay-off in the long run.

Helpful Reading

Change to Social Security Impacts Decisions

Retirement rates have declined among workers in their early 60s as they delayed retirement to make up for the larger penalties for claiming their benefits early, a new study found.

A Woman’s Guide to Making the Most of Social Security

For each year a beneficiary postpones claiming between the full retirement age and 70, the benefit rises 8 percent.

The Social Security Retirement Age Increases in 2021

Workers with an older retirement age get smaller Social Security payments throughout retirement.

Claiming Social Security Retirement Benefits? Don’t Let these Myths Rip You Up

For most Americans, deciding when to claim Social Security retirement benefits will be one of the biggest financial decisions they ever make.

When is the Best Age for Americans to Claim Social Security?

Read this article by NCPSSM President and CEO, Max Richtman, as he discusses the benefits of delayed claiming.

Calculate the Best Time to File Your Claim

The Social Security Administration has provided an online calculator to help beneficiaries learn what their benefit will be depending on when they file their claim.

Frequently Asked Questions

Read what others are asking about delaying their benefits and ask your own questions.

What is the maximum monthly Social Security benefit one can receive? (click through for answer)


A collection of radio interviews discussing the benefits of delayed claiming.

The Opposite of Ideal: Social Security Claiming Decisions, by percentage of retirees at each age