The current full retirement age (FRA) for Social Security benefits in the United States is not 65 or 67 for everyone. It depends on the year you were born. For those born in 1960 or later, the FRA will be 67.
However, this change is being phased in gradually. In 2025, the FRA will be 66 years and 8 months for those reaching retirement age through September 1st. For those born later in the year, from November 2nd through November 1st, 2026, the FRA will be 66 years and 10 months.
The FRA will finally reach 67 in 2027 for the first group of workers born in 1960 or later.
Full retirement age update details
To find your exact FRA, you can use the Social Security Administration’s online retirement age calculator or check their retirement age chart.
These tools can help you determine the best time to file for benefits to ensure you receive your full entitled amount. The Social Security Statement, available through your my Social Security account, also provides detailed information on when you can file and the potential benefit amounts based on different retirement ages. Understanding your FRA is important for effective financial planning.
Knowing when you are eligible for full benefits can guide your decisions on when to retire, taking into account factors like inflation and your overall financial situation. For more information and to access the SSA’s retirement planning tools, visit their official website. Being well-informed about your retirement age and benefits is key to making the most of your Social Security.
