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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
Some people born in 1959 will reach their full retirement age (FRA) this year. The Social ... born. A few decades ago, FRA used to be 65. But the government slowly began raising it due to rising ...
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
Benefits could also be reduced if your early retirement prompts an early Social Security claim. ... 66 and 10 months if you were born in 1959. 66 and 8 months if you were born in 1958.
Your full retirement age is based on the year you were born. It used to be 65 for everyone, ... 1959. 66 and 10 months. 1960 or later ... Your Social Security full retirement age is more than just ...
In other words, workers born in 1960 or later can increase their benefit by 77% by claiming Social Security at age 70 rather than age 62. The $ 22,924 Social Security bonus most retirees ...
If you're 65 and were therefore born in 1959, your full retirement age for Social Security is 66 and 10 months. But you can accrue delayed retirement credits up until age 70 that boost your Social ...
He explained there are three numbers to keep in mind: 62 (the earliest age one can start claiming Social Security benefits), 67 (the full retirement age for individuals born in 1960 or later), and ...
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