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The third variable, your full retirement age, is determined by the year you're born. It represents the age you become eligible to receive 100% of your retired-worker benefit, and it's the only ...
Someone turning 62 and becoming eligible for Social Security today, ... Retirement Age: 62 Years Old. If people born after 1960 claim their benefits the ... benefits depend on your birth year, and ...
In order to qualify for Social Security benefits, you need to accrue 40 credits, if you were born after Jan. 2, 1929. ... in your 35 highest-earning years after age 21, up to the Social Security ...
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
For example, if you were born in 1960 or later and file for Social Security as soon as you’re eligible at age 62, your monthly benefit would see a 30 percent haircut. That would lower a $1,000 ...
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
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