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FRA is 67 for anyone who was born in 1960 or later. Because your Social Security filing age will help determine how much money the program pays you each month for life, it's important to ask the ...
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
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
1958 - Social Security Amendments of 1958, Pub. L. 85–840; 1960 - Social Security Amendments of 1960, Pub. L. 86–778; 1961 - Social Security Amendments of 1961, Pub. L. 87–64; 1965 - Social Security Amendments of 1965, Pub. L. 89–97; 1966 - Tax Adjustment Act of 1966, Pub. L. 89–368; 1967 - Social Security Act Amendments, Pub. L. 90–248
From 1943 to 1954, full retirement age was 66, but as the American population has aged, the SSA has steadily increased it to its current level of 67 for those born in 1960 or later.
Social Security's full retirement age will increase in 2025. ... 1960 and later. 67. ... Workers that claim earlier receive a reduced benefit, meaning they get less than 100% of their PIA. ...
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.
If you reach full retirement age in 2023, the reduction drops to $1 for every $3 you earn above $56,520, until the month you reach full retirement age. Thereafter, there is no reduction no matter ...