The Social Security website has a chart. http://www.socialsecurity.gov/retire2/retirechart.htm Born 1937 or earlier, then full benefits at 65 years old. Born 1943-54, then full benefits at 66 years old. Born 1960 or later, then full benefits at 67 years old. If you were born between 1938-42, then full benefits start at an age like 65 years and 2 months, or 4 months, or 6 months, etc.... depending on the year you were born. Ditto 1955-59. Here's another useful page from Social Security: http://www.socialsecurity.gov/retire2/
The full retirement age for someone born in 1949 is 66 years and 6 months. This means they can start receiving their full Social Security benefits at that age.
If you were born in 1953, you can draw Social Security benefits at full retirement age, which is 66 years and 4 months. You can also start receiving reduced benefits as early as age 62, but they will be permanently reduced.
noTo get social security a person has to work 40 quarters and be at least 62. Social security is for people who have paid into it so they can have a retirement. If someone is 18 today they will not qualify for a full social security payment until they are about 69 or 70 years old.
If you were born in 1946, full retirement age for Social Security benefits is 66 years and 4 months. This means you can start receiving your full Social Security retirement benefits without any reduction in payments. However, you may choose to begin receiving reduced benefits as early as age 62, or delay benefits until age 70 to increase the monthly payment amount.
For a woman born in June 1954, the full retirement age for Social Security in the United States is 66 years and 2 months. This means she would reach her full retirement age in August 2020. She can choose to start receiving Social Security benefits as early as age 62, but her monthly benefit would be reduced if taken before reaching full retirement age.
You can collect full Social Security benefits at your full retirement age, which is typically between 66 and 67, depending on the year you were born.
If you work less than 35 years, your Social Security benefits are calculated based on the number of years you did work, with zeros counted for the years you did not work. This can result in a lower benefit amount compared to someone who worked for the full 35 years.
I'm in that position. I believe if this happened to you before your full retirement age (usually 66 or 67) you lose those four months you delayed in applying. One guy at social security said to put in for an earlier date but another rep said you can only do that if you're retiring at full retirement age.
The amount of money you can make while collecting Social Security depends on your age and whether you have reached full retirement age. If you are under full retirement age, there is a limit to how much you can earn before your Social Security benefits are reduced. Once you reach full retirement age, there is no limit on how much you can earn while collecting Social Security.
Yes, individuals born in 1957 can begin collecting Social Security retirement benefits as early as age 62. However, their full retirement age is 66 years and 6 months, meaning that if they choose to claim benefits before this age, their monthly payments will be reduced. Those who wait until reaching their full retirement age or even up to age 70 can receive higher monthly benefits.
No social security does not pay anyone to take care of any one.