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The American social security system (1949) comprehensive old overview. Burns, Eveline M. Toward Social Security: An Explanation of the Social Security Act and a Survey of the Larger Issues (1936) online; Davies, Gareth, and Martha Derthick. "Race and social welfare policy: The Social Security Act of 1935." Political Science Quarterly 112.2 ...
You can start getting Social Security retirement benefits when you turn 62 years old, the earliest age when they're available. However, there are downsides to starting benefits at such a young age.
For a few people, taking early Social Security actually does make good sense. The $ 22,924 Social Security bonus most retirees completely overlook If you're like most Americans, you're a few years ...
A separate analysis from the Center on Budget and Policy Priorities found that the poverty rate for adults aged 65 and above would be nearly four times higher if Social Security didn't exist -- 10 ...
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
“My monthly Social Security checks are much higher than what I would have gotten starting at age 62,” Gary said. “The difference is about $1,900 more per month, I believe.”
Reasons to collect Social Security at 62 There are several reasons to start collecting Social Security benefits at age 62. Let's start, though, with a couple of not-so-good reasons.
Ramsey was responding to a question from a listener about whether it made more sense to collect Social Security at 62 or wait until full retirement age, which is either 66 or 67 years old ...