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Spousal benefit amounts are based on full retirement ages. Social Security spousal benefits allow someone to receive Social Security benefits based on their partner's work history and earnings ...
If you're receiving spousal benefits, monthly payouts are reduced by 25/36 of 1% each month before your full retirement age, up to 36 months. After month 36, benefits are reduced by 5/12 of 1% ...
RELATED: Here are all the states that tax Social Security income: No matter when your full retirement age is, you can claim and start collecting your benefits as early as age 62 and as late as age ...
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
Workers who claim Social Security before full retirement age get a smaller benefit, meaning less than 100% their PIA. Workers who start Social Security after full retirement age get a bigger ...
The chart below shows the average Social Security benefit for retired workers at ages 62 through 80. ... Social Security after full retirement age get a larger benefit, meaning more than 100% of ...