GLOSSARY · RETIREMENT WITHDRAWALS & EARLY ACCESS

Full retirement age

The age at which Social Security pays your full benefit: 67 for anyone born in 1960 or later. Claiming from 62 reduces the monthly amount permanently; waiting past full retirement age raises it until 70.

Also called: FRA, normal retirement age

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CHAPTER · RETIREMENT PLANNING FUNDAMENTALS · FOUNDATIONSA Retirement Timeline by Age CHAPTER · RETIREMENT INCOME & IMPLEMENTATION · STRATEGIESSocial Security Claiming for Singles and Couples

RELATED TERMS

Social Security break-even age

SOURCES

Retirement Age and Benefit Reduction. Social Security Administration.

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