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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
When Social Security was created, the full retirement age was set at 65. However, in 1983, lawmakers amended Social Security to try to shore up the finances of the program.
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
Here’s the correct full retirement age based on your year of birth: Year of Birth. Full Retirement Age. 1943-1954. 66. 1955. 66 and 2 months. 1956. 66 and 4 months. 1957. 66 and 6 months. 1958.
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
You can get Social Security retirement benefits as early as age 62, but your benefits will be reduced vs. what they would be if you waited until full retirement age.
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While you become eligible for Social Security at 62, that's before your full retirement age (FRA). FRA is 67 for anyone born in 1960 or later. As a result, if you claim benefits before 67, you ...