Eligibility age and benefit amount for Social Security retirement
LIST Code: BE-07-01-01-00
LIST Code
BE-07-01-01-00
Title
Eligibility age and benefit amount for Social Security retirement
Definition
This category covers questions about when a person can start receiving Social Security retirement checks and how much they will get. It includes what "full retirement age" means (which varies by birth year), the option to start benefits as early as age 62 at a reduced amount, and what happens if a person waits past full retirement age to collect. It also covers how the benefit amount is calculated based on a person's work history and earnings, how to check estimated benefits through the Social Security Administration, and how working while receiving benefits may affect the payment amount. This category also covers situations when a spouse, ex-spouse, or surviving spouse may be eligible for benefits based on the other person's work record.