66yrs 2months
66yrs 2months
What is the retirement age for someone born in 1954.
Retirement age for someone born in 1988
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.
If you were born in 1956, your full retirement age is 66 years and 4 months. This means you can start receiving full Social Security benefits at that age, which is set for those born between 1955 and 1960. If you choose to retire earlier, you can start receiving benefits as early as age 62, but at a reduced rate.
If you were born in 1955, full retirement age is two months after your 66th birthday. You can still take early retirement at age 62, but your benefits would be approximately 75% of the amount they would be at full retirement age.
Social Security Disability (SSDI) benefits automatically convert to retirement benefits at the same rate of pay when the person reaches full retirement age. There is no increase in benefits or additional payment at retirement, only a change in administrative status and loss of earned-income restrictions. For people born before 1943, full retirement age is 65; for those born between 1943 and 1954, the age is 66; for those born between 1955 and 1960 and later, the age gradually increases to 67.
age 68
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
Under current law, people born in 1968 will reach full retirement age at 67, in 2035.
Born between 1943-1954 Full retirement age (Normal retirement age)would be 66. Go to the SSA.gov website for more information ssa.gov/retire2/agereduction.htm
1975