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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% ...
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 ...
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 ...
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 ...
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
Most Americans may consider the standard retirement age to be 65, but the so-called "full retirement age" for Social Security is already older than that — and it's about to hit an even higher ...
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