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How women can increase Social Security benefits

Nearly half of women in a CRR study had a year with zero earnings in their top 35 years of earnings -- but delaying claiming Social Security and working longer can help offset that.

By Marlene Y. Satter | Updated on November 04, 2016
The average gain in Social Security retirement benefits from working one additional year increases women’s monthly benefits by 8.6 percent, the CRR says. (Photo: Getty)

Although they might not necessarily want to do so, women who postpone retirement and delay their claiming of Social Security not only boost their eventual benefits, but achieve a greater gain from the action than men who work past retirement age and claim benefits later.

That’s according to a paper from the Center for Retirement Research at Boston College, which found that most workers of both genders can increase their Social Security retirement benefits at least a little by working longer and delaying claiming benefits, but women who do so are usually replacing zero-earning years, since they are more likely to have taken time off early in their careers.

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