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Retirement Age | |||||
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The Full Retirement Age is Increasing |
The earliest a person can start receiving Social Security retirement benefits will remain at age 62.
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Full retirement age (also called "normal retirement age") has been 65 for many years. However, beginning with people born in 1938 or later, that age will gradually increase until it reaches 67 for people born after 1959. The 1983 Social Security Amendments, signed by President Reagan, included a provision for raising the full retirement age beginning with persons born in 1938 or later. The Congress cited improvements in the health of older people and increases in average life expectancy as primary reasons for increasing the normal retirement age. Note: Persons born on January 1st of any year should refer to the previous year. Or read our chart that shows the steps in which the full retirement age is increasing. |
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