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The maximum Social Security benefit at ages 62, 66, and 70 in 2025 ... will receive if they claim Social Security at full ... 1960 or later will get a Social Security benefit equal to 70% of their ...
Although traditionally many Americans have envisioned retirement age as 65, "full retirement age" is actually 67 for those born in 1960 or later, according to the Social Security Administration ...
Social Security's full retirement age reflects the point at which people can claim their full benefits. It's going up in 2025. ... claiming at 62 will result in a benefit that's about 30% less ...
The youngest age to claim Social Security is 62, and you're eligible for your complete monthly benefit without a reduction at full retirement age (FRA), which is 67 for anyone born in 1960 or later.
Image source: Getty Images. 1. Understand how your claiming age affects your benefits. The government bases your Social Security benefits on your income during your working years and your age at ...
The full retirement age (FRA) for Social Security was 65 when the program was created in the 1930s, but reforms made in 1983 gradually increased the FRA from age 65 to 67 in two-month increments ...
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