What is full retirement age?

Full retirement age is the age at which an individual can start receiving full Social Security retirement benefits. It is determined by your birth year and can range from 65 to 67 years old.

For individuals born before 1937, full retirement age is 65. For those born after 1960, full retirement age is 67. For those born between 1938 and 1959, full retirement age falls somewhere in between 65 and 67.

Retiring before full retirement age can result in reduced benefits, while retiring after full retirement age can result in increased benefits. It is important to consider your full retirement age when planning for retirement to ensure you receive the maximum benefits available to you.