One of the most important things to know about your Social Security benefits is that the longer you wait to start collecting ...

So you're 66 – born in 1959, a year when the U.S. military was involved in the Vietnam War and when Ford Motor Company produced its millionth Mustang car. At 66, you're old enough to be collecting ...

Age 70: The advantage of holding off until age 70 to take your Social Security check is that your payout will be 24% to 32% higher than what you'd have received at full retirement age, depending ...

The resounding advice about filing early for Social Security retirement benefits is pretty unambiguous: Don’t do it. However, ...

It’s also possible to delay Social Security past full retirement age for a larger monthly benefit. You can delay claiming benefits until you turn 70 to score an extra 8% per year. So, if you have a ...

Among the changes Social Security recipients will see in 2025 is a higher full retirement age. ... but if you were born in the following year that retirement age climbs to 66 years and 10 months.

The age at which you can receive full Social Security benefits will rise to 66 years and 10 months starting Thursday, the second-to-last step before reaching 67 in 2026.

The highest Social Security benefit individuals at FRA can claim is $4,018 in 2025, adjusted up for inflation from $3,822 last year. Those who wait until age 70 can claim even more for a maximum ...

Among the other Social Security changes coming in 2025 are a smaller cost-of-living adjustment at 2.5%, down from 3.4%; an increase in maximum taxable earnings from $168,000 to $176,100; and ...

The average Social Security check at age 66 was $2,415.07 in December 2022. The average at age 70 was $2,841.54. Most can't get 100% of their benefits until 67.

What's the average Social Security benefit at age 66? Based on your claiming decision, your monthly retiree benefit could be permanently reduced by up to 30% if started at 62.

Should you take your Social Security benefit at age 62, 66, or 70? Deciding when to claim your benefit can have a huge effect on what you'll receive each month from Social Security.