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The normal retirement age (NRA) is the earliest age that a worker can obtain a full Social Security pension. Workers can claim reduced pensions before the NRA. We calculate your basic Social. Security benefit — the amount you would receive at your full retirement age — based on your lifetime earnings. However, the. If you wait until after your full retirement age (somewhere between 65 and 67) to start collecting Social Security you can earn delayed retirement credits.

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The age for collecting full Social Security retirement benefits will gradually increase from 65 to 67 over a year period beginning in for those retiring. You can start collecting Social Security as early as age 62 – but there's a catch. If you collect before you reach your full retirement age (FRA), you'll. We calculate your basic Social. Security benefit — the amount you would receive at your full retirement age — based on your lifetime earnings. However, the.

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Full retirement age (also known as "normal retirement age") is when you're eligible to receive full Social Security benefits. Your full retirement age. Someone born in will have to be age of 66 1/2 to receive full benefits. If you were born in or later, you can't receive full Social Security benefits. Social Security retirement benefits can begin as early as age 62, as late as age Are there advantages or disadvantages of taking retirement benefits early?