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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
Navigating Social Security can feel like a maze of numbers and timelines. But your full retirement age is more than just a number — it’s the age when you qualify for 100 percent of the Social ...
On the flipside, you can wait as long as age 70 to begin collecting Social Security benefits. In this case, the amount of your retirement benefit will continue to rise until age 70, when it maxes out.
Birth Year. Full Retirement Age. 1937 or earlier. 65. 1938. 65 and 2 months. 1939. 65 and 4 months. 1940. 65 and 6 months. 1941. 65 and 8 months. 1942. 65 and 10 months
The average Social Security benefit by age. ... Social Security full retirement age chart. ... (up to age 70), you'll collect a bonus of between 24% and 32% per month, depending on your birth year
If you're within 36 months of your full retirement age, the Social Security Administration reduces your monthly payout by 5/9 of 1% for each month you claim early. Beyond 36 months, the program ...
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