what is full retirement age for someone born in october 1953?
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By October 2020, you'll have to be 66 to receive your state pension. People born between December 6 1953 and January 5 1954 will get their state pension on March 6, 2019, at an age of between 65 years and 3 months and 65 years and 2 months.
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The full retirement age is to be increased gradually from 65 to 67 years by 2023.
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Full Retirement Age for Survivors Born In 1957: 66 and 2 Months.
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If you were born in 1955 your full retirement age is 66 and 2 months. You can start your Social Security retirement benefits as early as age 62, but the benefit amount you receive will be less than your full retirement benefit amount.
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Here is a look at the monthly benefits of a person born in 1952, whose full retirement age is 66, and who made $40,000 a year and began to collect benefits at age 62, 66, and 70.
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This worksheet shows how to estimate the Social Security monthly retirement benefit you would be eligible for at age 62 if you were born in 1953. It also allows you to estimate what you would receive at age 66, your full retirement age, excluding any cost-of-living adjustments for which you may be eligible.
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The year and month you reach full retirement age depends on the year you were born. You can find your full retirement age by choosing your birth year in the calculator below, or by using our retirement age chart.
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If you were born in 1955 your full retirement age is 66 and 2 months. If you start receiving benefits at age 66 and 2 months you get 100 percent of your monthly benefit.
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If you were born in 1956 your full retirement age is 66 and 4 months. You can start your Social Security retirement benefits as early as age 62, but the benefit amount you receive will be less than your full retirement benefit amount.
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Full retirement age may increase If you're turning 62 in 2020, your FRA is 66 years and 8 months. Those turning 62 in 2021 will have an FRA of 66 years and 10 months, and if you turn 62 in 2022 or later, your FRA is 67.
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If you were born in 1958 your full retirement age is 66 and 8 months. You can start your Social Security retirement benefits as early as age 62, but the benefit amount you receive will be less than your full retirement benefit amount.
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If you were born between 1943 and 1954 your full retirement age is 66. If you start receiving benefits at age 66 you get 100 percent of your monthly benefit.
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Currently, the full benefit age is 66 years and 2 months for people born in 1955, and it will gradually rise to 67 for those born in 1960 or later.
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The full retirement age for survivors is age 66 for people born in 1945-1956. And the full retirement age will gradually increase to age 67 for people born in 1962 or later. Your widow or widower can get reduced benefits as early as age 60. If your surviving spouse is disabled, benefits can begin as early as age 50.
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Your full retirement age depends on your birth year: Under current law, if you were born in 1951 or later, your full retirement age is now some point after age 65—all the way up to age 67 for those born after 1959. If you were born before 1951, you've already reached age 66 and full retirement age. Source: ssa.gov.
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If you were born in 1959 your full retirement age is 66 and 10 months. If you start receiving benefits at age 66 and 10 months you get 100 percent of your monthly benefit. If you delay receiving retirement benefits until after your full retirement age, your monthly benefit continues to increase.
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En español | Full retirement age, or FRA, is the age when you are entitled to 100 percent of your Social Security benefits, which are determined by your lifetime earnings. If you were born between 1943 and 1954, your full retirement age is 66. If you were born in 1955, it is 66 and 2 months.