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Social Security's full retirement age reflects the point at which people can claim their full benefits. ... people who were born in 1957 reached their FRA when they turned 66 years and 6 months ...
A new year, a new number for Social Security and the benefit program's full retirement age. Most people associate the age of 65 with retirement – although there's data suggesting the average ...
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
Recipients born May 2, 1958 through Feb. 28, 1959 will all reach full retirement age in 2025, AARP points out. For those born in 1960 and later, the retirement age will jump to 67 . Birth Year
Next year, the full retirement age is increasing by two months again: People born in 1959 must be 66 years and 10 months old to get their full benefits. For those born in 1960 and later, the ...
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 ...
Those with a full retirement age of 67 will receive 24% more than their PIA by waiting until their benefits max out at age 70. In 2025, someone turning 70 will have been born in 1955. That makes ...
Delayed retirement: ... 1957. 66 and 6 months. 1958. 66 and 8 months. 1959. 66 and 10 months. 1960 and later. 67. How Raising the Full Retirement Age Cuts Social Security Benefits.
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