Table of Contents
When can I get full Social Security if I was born in 1955?
66 and 2 months
If you were born in 1955 your full retirement age is 66 and 2 months. If you start receiving benefits at age 66 and 2 months you get 100 percent of your monthly benefit. If you delay receiving retirement benefits until after your full retirement age, your monthly benefit continues to increase.
What age is FRA?
66
Full retirement age, or FRA, is the age when you are entitled to 100 percent of your Social Security benefits, which are determined by your lifetime earnings. If you were born between 1943 and 1954, your full retirement age was 66. If you were born in 1955, it is 66 and 2 months.
What is my full retirement age if I was born in 1950?
If you were born in 1950, do you know your full retirement age? It’s 66.
What is my Fra if I was born in 1955?
You can start your Social Security retirement benefits as early as age 62, but the benefit amount you receive will be less than your full retirement benefit amount.
Why did the full retirement age change to 65?
Why Did the Full Retirement Age Change? Full retirement age, also called “normal retirement age,” was 65 for many years. In 1983, Congress passed a law to gradually raise the age because people are living longer and are generally healthier in older age. The law raised the full retirement age beginning with people born in 1938 or later.
What’s the retirement age for people born in 1960?
The retirement age gradually increases by a few months for every birth year, until it reaches 67 for people born in 1960 and later.
When do you find out your full retirement age?
Find out your full retirement age, which is when you become eligible for unreduced Social Security retirement benefits. The year and month you reach full retirement age depends on the year you were born.