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Social Security: Full Retirement Age Explained

Cardinal Advisors 11 views

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What gets me Is we have to hire people to control the social security system at all brSo people that get their paychecks from the labor of others brHow sick and twisted is the world?
Comment from : @atuckertucker

Are you saying I need to be 66 and 10 months old to get my FRA of if I was born in 59? Is that the 10 month (Oct) when I’m 66 ? Or 10 months from my birthday month? brThank you for your reply
Comment from : @westonlee9778

They want to retire death people 67???????
Comment from : @eddiegonzales4555

Retire 1 yr after retirement Enjoy the retirement and 8 increase Don't ever retire to late,
Comment from : @michaelwightman4358

If you are fat or smoke you should probably start collecting Federal welfare, SS, at 62
Comment from : @edrodgers4581

Thank you Very clear
Comment from : @PanamaSticks

No! if you are covering the board!
Comment from : @josenajera280

If all of you need the money so badly, why did you retire??
Comment from : @robertstevens2030

Social Security is Federal welfare Seniors are greedy
Comment from : @walterknox5953

Not much to explain, SS is Federal welfare for those mostly over 62 Socialism at it's best!
Comment from : @websterhays8352

I think the government is using a misleading term, Full Retirement Age They also call it, Normal Retirement Age It’s the normal age most people retire at I don’t understand how they say you are getting your full benefit at this age, when you will get more if you wait longer It’s misleading
Comment from : @suew4609

HERE WOULD BE A GREAT VIDEO ON THE SUBJECT: brCover these questions:brSupposedly if you wait to age 67 to retire, you can work without any reduced social security benefits no matter how much you earn (Yes?) But if you retire at 62 and start collecting social security benefits you get $1 taken away from your annual benefit amount for every $2 over the annual benefit amount you earn working (Yes?) BUT DOES THIS MEAN THAT if you retire at 62 and collect at 62, that even AFTER age 67 (ie full retirement age) you are locked in to paying back $1 for every $2 earned over your annual retirement benefit amount? Such that UNLIKE the person that retired and collected at 67, you will be forever after stuck to pay back $1 for every $2 over your annual benefit amount earned? OR are you only obligated to pay back $1 for every $2 earned over the annual benefit amount up to age 67 (ie the full retirement age)? Such that the obligation to pay back $1 for every $2 earned ends at age 67 and at age 67 the person that retired at 62 is treated the same as the person that retired at 67 in regard to earning income (over the annual benefit amount)?
Comment from : @billygraham5589