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What is full retirement age for social security if born in 1950?

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How much can you earn before Social Security payments are reduced when you are working before full retirement age?

For 2016, the limit is $15,720. (The amount goes up each year.)   These things don't count towards the limit:    Pensions   Annuities   Investment Income 

Will your pension check reduce your Social Security benefits before full retirement age?

No. Only earned income is counted toward the $14,160 annual cap and still allow you to receive full benefits between the ages of 62 and the year in which you achieve the full

Is it best to draw Social Security benefits at 62 or full retirement age?

The answer depends on your individual circumstances; however, if you begin drawing retirement benefits at age 62, your check will be approximately 75% of what you would receiv

What is the current age to collect Social Security retirement?

You can file as early as age 62, but your benefits will be reduced to about 75% of the amount you would receive if you file at full retirement age. Full retirement age is 65