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You can start receiving your Social Security retirement benefits as early as age 62. However, you are entitled to full benefits only when you reach your full retirement age. If you delay taking your benefits from your full retirement age up to age 70, your benefit amount will increase.
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The retirement age gradually increases by a few months for...
- Born in 1960
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- What is Full Retirement Age? · FAQ
The current full retirement age is 67 years old for people...
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- Retirement Age Calculator
The current full retirement age is 67 years old for people attaining age 62 in 2024. (The age for Medicare eligibility remains at 65.) See Benefits By Year Of Birth for more information.
If you’re younger than full retirement age, there is a limit to how much you can earn and still receive full Social Security benefits. If you’re younger than full retirement age during all of 2024, we must deduct $1 from your benefits for each $2 you earn above $22,320.
You can start receiving your Social Security retirement benefit as early as age 62. But we will reduce your benefits by as much as 30% below what you would get if you waited to begin receiving benefits until your full retirement age .
If you will reach full retirement age in 2024, the limit on your earnings for the months before full retirement age is $59,520. Starting with the month you reach full retirement age, you can get your benefits with no limit on your earnings. Use our Retirement Age Calculator to find your full retirement age based on your date of birth.
The retirement age gradually increases by a few months for every birth year, until it reaches 67 for people born in 1960 and later. Use the Social Security full retirement age calculator to find out when you are eligible for unreduced retirement benefits based on your birth year.
10 Οκτ 2018 · You receive the highest benefit payable on your own record if you start collecting Social Security at age 70. Once you reach your full retirement age , or FRA, you can claim 100 percent of the benefit calculated from your lifetime earnings .
