Social Security Full Retirement Age

Full Social Security Retirement Age

Retirement AgeSocial Security Full Retirement Age

Full retirement age is based on the year in which you were born.  Below is a chart that tells what your full retirement age is.

1937 or before                             Age 65
1938                                           Age 65 and 2 months
1939                                           Age 65 and 4 months
1940                                           Age 65 and 6 months
1941                                           Age 65 and 8 months
1942                                           Age 65 and 10 months
1943-1954                                   Age 66
1955                                           Age 66 and 2 months
1956                                           Age 66 and 4 months
1957                                           Age 66 and 6 months
1958                                           Age 66 and 8 months
1959                                           Age 66 and 10 months
1960 or after                                Age 67

You do not receive 100% of your benefit until you reach your full retirement age as indicated in the chart.  Some individuals have to pay taxes on their Social Security benefits.  When you receive your Social Security Benefit Statement at the end of each year (Form SSA-1099), always check with your tax prepare to determine if you are responsible for paying taxes on your benefits.

P. S.  Always Remember to Share What You Know.
More information on your Social Security please read this

 

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