|
Retirement before "Normal Retirement Age" (NRA)
reduces benefits, and retirement after NRA increases benefits.
NRA, also referred to as "Full Retirement Age,"
varies from age 65 to age 67 by year of birth.
|
The normal retirement age (NRA) is the age at
which retirement benefits (before rounding) are equal to the
"primary insurance amount."
The table below shows how NRA varies by year of birth for retirees.
Normal Retirement Age
| Year of birth |
Age |
| 1937 and prior |
65 |
| 1938 |
65 and 2 months |
| 1939 |
65 and 4 months |
| 1940 |
65 and 6 months |
| 1941 |
65 and 8 months |
| 1942 |
65 and 10 months |
| 1943-54 |
66 |
| 1955 |
66 and 2 months |
| 1956 |
66 and 4 months |
| 1957 |
66 and 6 months |
| 1958 |
66 and 8 months |
| 1959 |
66 and 10 months |
| 1960 and later |
67 |
Notes:
1. Persons born on January 1 of any year should refer to
the normal retirement age for the previous year.
2. For the purpose of determining benefit reductions for early retirement,
widows and widowers whose entitlement is based on having attained age 60
should add 2 years to the year of birth shown in the table. |
|
www.socialsecurity.gov
