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Birth Year. Full Retirement Age (FRA) 1943 to 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
For example, if you were born in 1960 or later and file for Social Security as soon as you’re eligible at age 62, your monthly benefit would see a 30 percent haircut. That would lower a $1,000 ...
Someone born in 1959, for example, would have to wait until age 66 and 10 months to get the full benefit. Anyone born in 1960 or later, receives their full benefit at 67. But some retirees choose ...
The government bases your Social Security benefits on your income during your working years and your age at sign-up. ... 1959. 66 and 10 months. 1960 and later. 67.
If you were born in 1960 or later, full retirement age is 67. ... 2025 at 12:36 AM. ... If you work and collect Social Security before getting to full retirement age, you'll be subject to an ...
Claiming Social Security is one of the most significant things you might do in the course of retiring. ... 70 is typically considered the latest age to claim Social Security. ... FRA is 67 for ...
Image source: Getty Images. Early claiming comes at a cost. The Social Security Administration assigns everyone a full retirement age (FRA) based on their birth year. It's 67 for most workers ...
Although many Americans have traditionally envisioned retirement age as 65, full retirement age is actually 67 for those born in 1960 or later, according to the Social Security Administration (SSA