Age To Draw Full Social Security. For individuals born in 1942 or earlier full retirement age is 65. Going back to the previous example lets assume that you track your benefit amounts over a 10-year 20-year and 30-year period.
10 rows You can start receiving your Social Security retirement benefits as early as age 62. The Social Security Administration sets a full retirement age to standardize benefit calculations and ensure fairness. You can collect Social Security as early as age 62 but your benefits will be permanently reduced.
Full Retirement Age.
Full Retirement Age. In the past Social Security considered age 65 as the full retirement age FRA for everyone. Starting with the month you reach full retirement age you can get your benefits with. Social Security uses full retirement age to calculate 100 percent of your benefit amount.
