The full retirement age (FRA) for Social Security benefits in the United States varies depending on the year you were born. It is 66 years and two months for those born in 1955, gradually increasing to 67 for those born in 1960 or later
. You can start receiving Social Security retirement benefits as early as age 62, but you are entitled to full benefits 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
. The full retirement age for Social Security is 66 to 67 years old, and it is the age at which a person is entitled to 100% of their monthly benefit
. Currently, the full benefit age is 66 years and 2 months for people born in 1955, and it will gradually rise to 67 for those born in 1960 or later
. If you were born in 1960 or later, your full retirement age is 67, and if you were born before 1960, it will be earlier
. The chart below shows the full retirement age by year of birth
:
- 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 and later: 67
If you start receiving benefits before your full retirement age, your benefits will be reduced, and if you wait until 70, your monthly check will be more than if you had retired at your full retirement age
