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Birth Year. Full Retirement Age. Payout From $1,000 Benefit If Taken At 62. 1943-1954. 66. $750. 1955. 66 and 2 months. $741. 1956. 66 and 4 months. $733. 1957. 66 and 6 months
The full retirement age (FRA) for Social Security was 65 when the program was created in the 1930s, but reforms made in 1983 gradually increased the FRA from age 65 to 67 in two-month increments ...
The law increased the age beginning with people born in 1938 or later, Social Security officials said. The retirement age has been increasing by two months for each subsequent birth year.
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
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 ...
The Social Security full retirement age will be increasing from 66 to 67 for workers in the United States. In this video, I'll discuss the details of the Social Security full retirement age, what ...
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