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No. of Recommendations: 5
Max credit per year = 4, you cap out. I did not look up to see if more after 40 is better. The only way to get more would be to work for more than 10 years amount earned is not a variable once the cap is hit. This is actually an important feature of SS it was built so that all income earners could fully participate.

The credits that you are talking about are the credits that allow you to participate in the program, and draw retirement income once you reach 62. Once you earn $1120 in a quarter, you have earned a credit for that quarter, so earning a credit is a pretty low hurdle. Once you earn 40 credits (10 years at 4 credits per year), there is no advantage to having additional credits to be able to participate in the program.

However, assuming that you are eligible to participate, the retirement income that you get is calculated based on the 35 highest earning years in your earning history.

So, at least up to the cap amount ($106,800 this year - increases based on inflation ) there IS an incentive to have a higher income, as the future benefit could be increased. However, as another poster pointed out, a 27 year old's 'full retirement age' is currently 67 (and has the potential to be increased) so at 27, there are at least 40 more potential earning years that can be counted toward the highest 35 years. So, unless there are plans for early retirement, or dropping out of the workforce to attend school or some other reason, maximizing income for this particular year may be somewhat futile.

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