Keyword Analysis & Research: full retirement age for those born in 1958

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What is full retirement age and why does it matter?

Full retirement age, or FRA, is the age at which you qualify to claim full Social Security retirement benefits and is based on your birth year. If you retire prior to your FRA, this will result in a reduction of your Social Security benefit. If you retire after your FRA, this will result in an increase in Social Security benefits.

When is full retirement age if you are born in 1956?

Benefits Planner: Retirement. If you were born in 1956 your full retirement age is 66 and 4 months. If you start receiving benefits at age 66 and 4 months you get 100% 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 considered early for retirement?

The Social Security Administration defines early retirement age as age 62. If you begin taking Social Security benefits at age 62, you will receive a reduced benefit.

What is full retirement age if you were born in 1956?

The full retirement age for Social Security is 66 and two months for people born between January 2, 1955 and January 1, 1956.


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