I was born in 1949 and retired early at 62, how much money can I earn without a penalty?
65 and 6 months
65 years 6 months
66.5
66yrs 4 months
65
66yrs 2months
Retirement age for someone born in 1988
Under current law, people born in 1968 will reach full retirement age at 67, in 2035.
1975
Your full retirement age is 67. You can start collecting benefits at age 62, but you will receive only 70% of your full retirement amount. The longer you wait, the more you will receive. This holds true even if you wait until after you are 67; you will receive more than 100% of your full retirement age benefit..
Born between 1943 and 1954 Full Retirement age (FRA) or Normal Retirement age (NRA) will be age 66. Go to the SSA.gov web site Social Security Benefits ONLINE
66
67. Depending on what year you were born, full retirement age can range from 65 to 67. For those born 1937 or earlier, the retirement age is 65. For those born in 1938 or later, the retirement age gradually increases until it reaches 67 across the board for those born after 1959.
Yes, under the current laws anyone who has accumulated 40 work credits may retire at age 62, but you will only receive approximately 75% of the benefit you would be entitled to if you filed at full retirement age. Your year of birth is the determining factor in what SSA considers to be your full retirement age. For people born between 1943 and 1954, the age is 66.
66 How much can I make per year at age 66??
Beginning with people born in 1938 or later, that age gradually increases until it reaches 67 for people born after 1959. Go to the SSA gov web site and use the search box for FULL RETIREMENT AGE Click on the below Related link