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The lure of claiming benefits at age 62 is not having to wait to get your hands on your benefit. There's also the possibility of sweeping Social Security benefit cuts by 2033. Taking your payout ...
The third line item -- full retirement age -- represents the age you become eligible to receive 100% of your retired-worker benefit. Since your full retirement age is determined by the year you ...
An understanding of your FRA is critical in making your Social Security claiming choice because if you claim benefits before your full retirement age, you shrink the payments you receive ...
The full retirement age (FRA) for Social Security is the age at which you are entitled to your full monthly payment based on your career earnings record. The FRA for nearly all new applicants is ...
He explained there are three numbers to keep in mind: 62 (the earliest age one can start claiming Social Security benefits), 67 (the full retirement age for individuals born in 1960 or later), and ...
The SSA notes that only Social Security recipients who get retirement, survivors or disability benefits, or those enrolled in Medicare, are able to update their info online.