June 20, 2025 – Beginning May 2025, pre-retirees will need to wait longer to receive their full Social Security benefits. The full retirement age (FRA) has increased gradually since 1983, after former President Ronald Reagan signed the Social Security Amendments.
For those born in 1960 or later, the full retirement age is 67. The FRA change was phased in over 22 years, and the full retirement age of 67 is effective for those born in 1960 or later.
- Born 1958: 66 and 8 months
- Born in 1959: 66 and 10 months
- Born in 1960 or later: 67
It’s possible to claim Social Security retirement benefits as early as age 62; however, the longer you wait to claim Social Security, the bigger your monthly check will be — until age 70, when you reach your maximum benefit.
