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Delayed Retirement |
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If you were born in 1956, |
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Your full retirement age is 66 and 4 monthsIf you start receiving benefits at age 66 and 4 months you get 100% of your monthly benefit. If you delay receiving retirement benefits until after your full retirement age, your monthly benefit continues to increase. The chart below explains how delayed retirement affects your benefit. The increase is based on your date of birth and the number of months you delay the start of your retirement benefits. If you start receiving retirement benefits at age
If you decide to delay your retirement, be sure to Sign up for Medicare at age 65 In some circumstances, medical insurance costs more if you delay applying for it. |
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Last reviewed or modified Friday Sep 12, 2008 |