Web Results


Full Retirement Age. Full retirement age is the age at which a person may first become entitled to full or unreduced retirement benefits. If your full retirement age is older than 65 (that is, you were born after 1937), you still will be able to take your benefits at age 62, but the reduction in your benefit amount will be greater than it is for people who were born before 1938.


Your Social Security retirement age and the amount you receive varies depending on several factors. For example, the earliest age you can collect your Social Security retirement benefits is age 62, but there is an exception for widows and widowers, who can begin benefits as early as age 60.


Social Security's full-benefit retirement age is increasing gradually because of legislation passed by Congress in 1983. Traditionally, the full benefit age was 65, and early retirement benefits were first available at age 62, with a permanent reduction to 80 percent of the full benefit amount.


What is the eligibility for Social Security spouse’s benefits and my own retirement benefits? Views: If you have not worked or do not have enough Social Security credits to qualify for your own Social Security benefits, you may be able to receive spouse’s benefits. To qualify for spouse’s benefits, you must be: At least 62 years of age; or;


What Is The Social Security Benefits Age And Enrollment Period? You must have a basic understanding of the Social Security plan, how to get your benefits, and facts to know when applying for Social Security benefits. There are many people who will ask, “what if I haven’t put aside any money for retirement?”


Social Security Retirement Age and Your Birth Year. To calculate your Social Security retirement benefit, start with your birth year. If you were born after 1954 (people born between 1943 and 1954 are considered full Social Retirement age in the month they turn 66 years old), your Social Security retirement age increases by two months each year.


The age required to be eligible for Social Security retirement benefits depends on the year of birth. Amendments passed by the U.S. Congress in 1983 allow for a gradual phasing in of an increased age limit at which full Social Security retirement benefits may be collected.


The 1983 Social Security Amendments included a provision for raising the full retirement age beginning with people born in 1938 or later. Congress cited improvements in the health of older people and increases in average life expectancy as primary reasons for increasing the normal retirement age.


Social Security Calculators. Social Security calculators are used to help you plan for the future. There are many different calculators that show you different things, such as life expectancy, retirement age, and benefits in the future.


For Social Security retirement benefits, you must be between the ages of 62 and 70 to start collecting benefits. To check on your eligibility, see Nolo's article Checking you Social Security Earnings and Benefits or call the Social Security Administration at 800-772-1213.