Key Points The earlier you claim Social Security, the smaller your monthly benefit will be.You must wait until 70 to apply if ...

The Social Security Administration suspends benefits for early retirees who exceed annual earnings thresholds. These suspended payments are later recalculated and repaid through increased monthly ...

Data source: Social Security Administration So for anyone who turns 62 in 2022 or beyond, full retirement age will be 67. These seniors must wait until then to avoid early filing penalties.

For instance, if you retired and filed for Social Security this year at "full retirement age," your maximum benefit would be $4,018, according to the Social Security Administration website.But let ...

The minimum eligibility age for Social Security differs from the program's full retirement age, which is increasing in 2025. It's up to retirees when they begin to claim benefits, but holding off ...

Starting in 2023, for example, if you were born in 1957, you would have reached your full retirement age — and become eligible to collect your full Social Security benefits — when you turned ...

Full retirement age—also called normal retirement age—is the age when Americans receive full Social Security benefits. Your full retirement age varies depending on the year you were born.

Retirement: The amount of money Americans think they need to retire comfortably hits record high: study The changes aren't new, but are "more connected to when your birth is and therefore when your ...