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Year of birth. Full retirement age. 1937 and before. 65. 1938-1942. 65 + 2 months for each year past 1937. 1943-1954. 66. 1955-1959. 66 + 2 months for each year past 1954
After that, you add two months for every year up to 1960, when the full retirement age becomes 67. Take Our Poll: Do You Think You Will Be Able To Retire at Age 65?
If you reach full retirement age in 2022, the reduction drops to $1 for every $3 you earn above $51,960, until the month you reach full retirement age. Thereafter, there is no reduction no matter ...
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
If you’re before full retirement age: Those earning more than the earnings limit ($22,320 for 2023) will have $1 withheld from their Social Security benefit for every $2 earned above the limit.
As soon as you’re ready to start collecting Social Security retirement or spousal benefits, you can apply by doing one of the following: By phone: 800-772-1213 In person at your local Social ...
Specifically, if you've not yet reached what's considered your full retirement age (or FRA), for every $2 worth of annual work income you earn above the Social Security Administration's ceiling ...
You Reach Full Retirement Age at 66 or 67 ... Those born in 1943 or later get 2/3 of 1% added onto their benefits for every month they wait beyond full retirement age. That’s 8% extra per year ...