Raising the Social Security retirement age to 69 has the support of some politicians. Here's how it would affect your benefits if it happens.

The "full retirement ... as early as age 62, but you’ll receive about 30% less, and that reduction will stay in place for life. The Social Security Administration has an online calculator ...

You can, however, choose to claim as early as 62. If you do so, however, you'll be penalized. Each month before your FRA incurs a penalty of 5/9 of 1% (for the first 36 months prior to turning 67) and ...

Both of these conditions helped us enjoy our semi-retirement more. We Didn’t Accept Common Reasons To Start Social Security Early While ... Security optimizing calculator. One of my favorites ...

What's the most popular age to file for Social Security retirement benefits? It's 62 -- by far. Many Americans are ready to retire as early as possible ... imposes a steep penalty for claiming ...

For the last 85 years, Social Security has been providing ... But this isn't the only potential penalty for early filers. The retirement earnings test allows the SSA to withhold some or all ...

The average Social Security beneficiary will receive ... If you plan to use your HSA funds for retirement, it's best not to withdraw them early for medical expenses, even though you're allowed ...

If you’re turning 62 this year, you become eligible for Social Security retirement benefits ... You’ll hit with an early filing penalty for each month you file early, with the penalties ...

If you delay Social Security benefits, your payment will go up. You can start Social Security at 62, but will get the largest ...

When you collect Social Security, you're entitled to a standard benefit. This amount is called your primary insurance amount (PIA) and it's calculated based on a percentage of average monthly earnings ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Vikki Velasquez is a researcher and writer who has ...

The hard part is deciding when to apply for your Social Security retirement ... months of early claiming for month 37 and beyond When you claim at 62, you incur the maximum penalty of 25% if ...