Can You Start Drawing Social Security At Age 63. En espaƱol The earliest you can apply is four months before the month you want your benefits to start and the earliest your benefits can start is your first full month as a 62-year-old. If you start receiving benefits early your benefits are reduced a small percent for each month before your full retirement age.
You can start collecting your Social Security retirement benefits at any age from 62 to 70 and when you do so affects how big the checks will be. You can start receiving your Social Security retirement benefits as early as age 62 but the benefit amount will be lower than your full retirement benefit amount. While theres no correct claiming age for everybody the rule of thumb is that if you can afford to wait delaying Social Security can.
You can start collecting your Social Security retirement benefits at any age from 62 to 70 and when you do so affects how big the checks will be.
Once you reach full retirement age. If you could claim Social Security at the earliest possible age of 62 without incurring a financial penalty perhaps more people would rush to do so. If youre under your full retirement age however your benefits will be temporarily reduced. 77 of the amount you will receive at 66.