No, that's not included in the calculation.MrTimewise wrote: ↑Tue Jun 12, 2018 4:02 pmMike,
Just out of curiosity, did you factor into the total benefit computations the initial benefit year's lower monthly payments that can result when claiming between FRA and 70 years. That is, when claiming after FRA but before 70 years, the SSA's uses only the accumulated DRCs as of January of the year of filing. Then, the following January, any DRCs that had accumulated within the year of filing are additionally used to determine total benefits.
The biggest impact it can have is one year's benefit being underweighted by 6 months x 6 DRCs = 24% of the person's PIA (e.g., a one-time $240 cost for a person with a $1,000 PIA). That's generally going to have an impact less than 0.2% of the overall NPV -- often less than 0.1% if they file in a month other than July.
If this were enough to sway the calculator from suggesting one claiming month to a different claiming month, it would essentially mean nothing other than "these two claiming months are basically as good as each other" -- which you can already see if the NPVs are that close together.