Social Security Full Retirement Age in 2017

Social Security’s blog, Social Security Matters, posted the full retirement age info for 2017. 2017 Brings New Changes to Full Retirement Age explains that for those between 1955-1956, full retirement age is 66 and 2 months.  The post also explains what the increase in full retirement age means to benefits: “[a]s the full retirement age continues to increase, there are greater reductions in benefits if you claim them before you reach full retirement age.  For example, if you apply for benefits in 2017 at age 62, your monthly benefit amount will be reduced nearly 26 percent.” The blog also offers tips to those who are contemplating retirement along with helpful links.