Social Security Rat-holes

[rixer]

I was reading an article at MW this morning and have a question to ask the members here. The story was about rat-holes in the ss system. Here's is something from the story:

“rat holes.” For those entitled to full Social Security benefits at age 66, one rat hole occurs between ages 62 and 63 and 11 months. The other is between ages 65 and four months and 66 and eight months. For younger savers who will be eligible to receive a full Social Security benefit at age 67, the rat holes occur later — between 62 and 11 months and 65, and between 66 and four months and 67 and eight months."
The system increases your monthly benefit for each month that you wait after age 62, and those individual increases get bigger the longer you wait. But because these increases are not uniform, the calculations create two gaps — the rat holes—where in practice, “you will get no extra benefit for having delayed.”

Is this right? You will get the same benefit from drawing at 65 years 4 months as FRA 66?

[UpstateNY86]

cue sscritic.

[sscritic]

cue previous thread
viewtopic.php?f=2&t=109952

[rixer]

Thank you sscritic.

[Alan S.]

Here's a study on claiming dates:
http://crr.bc.edu/wp-content/uploads/20 ... -6-508.pdf