Can I collect Social Security at age 62?

Answer

As of 2014, individuals can collect Social Security as early as age 62, according to the U.S. Social Security Administration. While collection at age 62 is permitted, the full retirement age ranges from 65 to 67, depending on an individual's year of birth.

Collecting benefits prior to the full retirement age results in a decreased monthly benefit, according to the SSA. As of 2014, individuals who were born in 1937 or earlier have a full retirement age of 65. Those individuals experience a 20 percent decrease in their monthly benefit if they accept Social Security at age 62. The full retirement age increases incrementally until age 67, which applies to individuals born in 1960 or later. Individuals who have a full retirement age of 67 experience a 30 percent decrease in their monthly benefit if they start receiving Social Security at age 62.

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Q&A Related to "Can I collect Social Security at age 62?"
Income dose not limit your ability to collect social securtity, you must be thinking fo welfare or unemployment I am 51. Am on ssd and would like to know when am i to recieve my retro
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In addition to qualifying with sufficient work history, the worker must also be at least age 62 for you to receive benefits as an ex-spouse. Unlike a current spouse, the worker does
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My husband and I were told we should take an early retirement by the SS agent handling our files, back when. He. pointed out, with the rate of inflation, it would serve us better.
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When I was younger (less than 45), I never thought seriously about retirement. Now that I'm past 45 years of age, retirement doesn't seem so far. I know I have a couple of 401K accounts
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