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The full retirement age is set to increase again by two months, to 66 years and 10 months old, for people born in 1959. That means the higher FRA for that cohort will go into effect in 2025, with ...
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
Starting in 2023, for example, if you were born in 1957, you would have reached your full retirement age — and become eligible to collect your full Social Security benefits — when you turned ...
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 is going up for some. ... Retirees born in 1957 or 1958 could reach their FRA this year at 66 and 6 months or 66 and 8 months. But in 2025, the FRA is increasing ...
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
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