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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
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
When Social Security was created, the full retirement age was set at 65. However, in 1983, lawmakers amended Social Security to try to shore up the finances of the program.
In 1983, Congress passed a law to gradually raise the full retirement age (FRA) to 67 from 65 because people are living longer and the move could help stretch out dwindling Social Security funds.
Most Americans may consider the standard retirement age to be 65, but the so-called "full retirement age" for Social Security is already older than that — and it's about to hit an even higher ...
This could quickly become the most-popular of all claiming ages, given that age 67 is the full retirement age for anyone born in or after 1960 (i.e., most of today's workforce).
Visit the SSA’s retirement age calculator to find if you’ll reach full retirement age in 2025. Cost-of-Living Adjustment In most years, the SSA issues an annual cost-of-living adjustment (COLA ...
Under current rules, the full retirement age is 66 if you were born from 1943 to 1954, according to the Social Security Administration. The FRA increases gradually if you were born from 1955 to ...
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