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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
Your full retirement age, as defined by the Social Security Administration (SSA), isn’t necessarily the age you stop working. ... If you’re considering a very early retirement — in your 30s ...
If you claim Social Security early, your benefit will be permanently reduced by 6.67% for each year before full retirement age, up to 36 months early.
2022. The retirement age will gradually increase to 62 for males by 2028 and 60 for females by 2035. In 2021, the retirement age is 60.25 (age 60 and 3 months) for men and 50.33 (age 50 and 4 months) for women, the age will be increased by 3 months each year following for men and 4 months for women.
Early and normal retirement ages vary according to the date of birth of the person filing for retirement. [ 12 ] [ 13 ] 2 In France, the retirement age was 60, with full pension entitlement at 65; in 2010 this was extended to 62 and 67 respectively, increasing progressively over the following eight years.
The early retirement age (age 62) has not changed, but the monthly benefit amount paid at the early retirement age is lower if a person has a higher FRA. For example, when the FRA was age 65, the early retirement benefit was 80 percent of the worker's PIA. For a person with a FRA of 67, the early retirement benefit is 70 percent of PIA.
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