For years, the concept of retirement in the United States was closely tied to age 65, a benchmark for full Social Security benefits. However, this landscape has been gradually changing as Congress approved a plan to gradually raise the full retirement age
This process, which took more than three decades to complete, has culminated in a new set of guidelines that directly impact those approaching retirement.
The IRS clarifies the truth about the alleged $1,390 payment in September 2025
As time goes on, it’s crucial to understand the current rules to maximize benefits. While retiring at age 62 is still an option, doing so before full retirement age carries a permanent reduction in monthly payments.
At what age can you apply for Social Security benefits?
According to the Social Security Administration (SSA) guidelines, benefits can be claimed at any time between the ages of 62 and 70.
What is the exact age to retire with full Social Security benefits?
- The exact age to receive 100% of retirement benefits is 67 for people born in 1960 or later.
- Although benefits can be claimed as early as age 62, doing so before full retirement age will result in a lower monthly payment. On the other hand, if you delay claiming until age 70, the payment will be higher.
Year of Birth / Full Retirement Age
- 1943-1954 – 66 years
- 1955 – 66 years and 2 months
- 1956 – 66 years and 4 months
- 1957 – 66 years and 6 months
- 1958 – 66 years and 8 months
- 1959 – 66 years and 10 months
- 1960 or later – 67 years
