The earliest you can claim Social Security is age 62, but your monthly benefit is reduced based on how far you are from your ...

This SSA adjustment, driven by increased life expectancy, requires careful financial planning to maximize retirement benefits ...

Individuals who were born in 1960 or later who want to retire and receive their full Social Security benefits should note ...

You can see a full chart of FRA details here. The highest Social Security benefit individuals at FRA can claim is $4,018 in 2025, adjusted up for inflation from $3,822 last year.

Potential changes in Social Security benefits could impact millions of Americans 02:37. Gen X, meanwhile, is also shaping up to hit retirement without enough saved for their golden years.

The earliest you can claim Social Security is age 62, but your monthly benefit is reduced based on how far you are from your FRA. If you're within 36 months, benefits are reduced by 5/9 of 1% monthly.

This is the most important chart you'll see because your FRA plays a key role in determining your monthly Social Security benefit. It's all about when you claim relative to your FRA.

Earning over the limit set by the Social Security RET will reduce your benefits based on how much you exceed the limit and how close you are to full retirement age. If you won't reach FRA in 2024 ...

Your full retirement age determines many aspects of your Social Security benefit and earning rules.

If you talk to a group of retirees, I'm willing to bet that a good number of them will agree on how beneficial Social Security is to their retirement finances. I'm also willing to bet that many of ...