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The Social Security Retirement Age: In Brief (CRS Report for Congress)

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Release Date Revised June 1, 2015
Report Number R41962
Report Type Report
Authors Alison M. Shelton, Analyst in Income Security
Source Agency Congressional Research Service
Older Revisions
  • Premium   Revised Jan. 23, 2014 (7 pages, $24.95) add
  • Premium   Revised Jan. 24, 2013 (8 pages, $24.95) add
  • Premium   Jan. 3, 2012 (1 page, $24.95) add
Summary:

Two important ages may affect a worker\'s decision of when to claim Social Security retiredworker\r benefits. Workers may claim full Social Security benefits at the full retirement age (FRA),\r which is currently 66 and is rising gradually to the age of 67 for workers who were born in 1960\r or later. Retired-worker beneficiaries may claim benefits as early as the age of 62, which is\r known as the early eligibility age (EEA). Social Security benefits are reduced, however, for every\r month that retired worker benefits are claimed before the FRA.