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If you were born in this year. This is your FRA. 1943 - 1954. 66. 1955. 66 and 2 months. 1956. 66 and 4 months. 1957. 66 and 6 months. 1958. 66 and 8 months. 1959. 66 and 10 months
Social Security retirement benefits are reduced by 5/9 of 1% for each month you file before full retirement age. However, that reduction only applies to those claiming within 36 months of full ...
If you file at your exact full retirement age (FRA), which is 67 for anyone born in or after 1960, you'll get your complete monthly benefit based on your top 35 years of earnings.
If you think you'll need $4,700 a month and can get a little more than $2,000 out of Social Security by waiting until FRA to claim benefits, then you may want to avoid filing early, since that ...
Birth year. Full retirement age. 1943–1954. 66. 1955. 66 and 2 months. 1956. 66 and 4 months. 1957. 66 and 6 months. 1958. 66 and 8 months. 1959. 66 and 10 months. 1960 or later
Say you're eligible for a $2,000 monthly Social Security benefit at age 67, which is full retirement age for anyone born in 1960 or later. If you sign up at age 62 instead, your monthly benefit ...
The full retirement age (FRA) for anyone born in 1960 or later is 67. This means that your retirement benefit for claiming at age 62 will be 30% lower than your benefit at age 67. Ouch.
Although traditionally many Americans have envisioned retirement age as 65, according to the Social Security Administration, for those born in 1960 or later "full retirement age" is actually ...