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Starting in 2023, for example, if you were born in 1957, you would have reached your full retirement age — and become eligible to collect your full Social Security benefits — when you turned ...
For instance, people who were born in 1957 reached their FRA when they turned 66 years and 6 months old, or starting in 2023; but people born in 1958 must turn 66 years and 8 months old to qualify ...
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 ...
At What Age Can You Collect Social Security? ... 1957: 66 and 6 months. 1958: 66 and 8 months ... What Is the Early Retirement Age for Social Security? You can choose to claim retirement benefits ...
The way Social Security is set up, the longer you wait to collect retirement benefits, the higher your monthly payment. Claiming benefits at age 62 means you will get the smallest possible check.
The average 65-year-old claiming benefits in 2022 received just $1,874.56 per month. ... get when delaying beyond full retirement age. You receive an additional 5/12 of 1% to 5/9 of 1% of your ...
How much does the average 62-year-old get from Social Security? The average Social Security benefit overall was $1,905.31 per month in 2023. ... you claim, the more checks you receive. But ...
The earliest you can collect is age 62, but you'll get more money if you delay your benefits past your initial Social Security eligibility. If you wait until after your full retirement age ...
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