What Age Can You Claim Full Social Security Benefits? Change Applies to Anyone Born After 1960

Full retirement age for Social Security benefits will reach 67 in 2027 for people born in 1960 or later. Claiming before that age can reduce monthly benefits by as much as 30 percent. Retirees can start claiming as early as age 62, but waiting can help avoid that penalty. The full retirement age has grown by two months a year starting in 2021, and the current law sets the cap at 67. Social Security provides an easy calculator to help determine full retirement age, and people born 1943-1954 were eligible at age 66.