Social Security: Full Retirement Age Won’t Change Again After 2022

Australian Senior Citizen Couple Enjoying Life and Living Independently At Own Home.
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If you are preparing for retirement and were born after 1960, you’ll want to be prepared to wait until you are 67 years old to claim Social Security benefits. That’s because full retirement age (FRA) in the eyes of the Social Security Administration will rise from 66 years and 10 months old to 67 for anyone turning 62 in 2022 or beyond.

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The bad news is you’ll reach FRA later than your peers born in 1959 or before. However, the silver lining is that FRA will stop changing this year for good. Anyone born from 1960 on can claim full Social Security benefits at age 67.

This is the first time in six years the age to collect full Social Security hasn’t changed. Those born between 1943 and 1954 could collect full benefits at age 66. Each year, FRA edged higher, increasing by 2 months for those born between 1955 and 1959. Unless the federal government votes to make additional changes to prevent Social Security from running out of funds, FRA should not change again, beginning this year.

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What Is Full Retirement Age?

It’s important to understand that you can collect Social Security benefits before age 67. You can claim retirement benefits as early as age 62, but you’ll pay early filing penalties. These penalties will reduce your monthly benefits every single month prior to your FRA, according to

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About the Author

Dawn Allcot is a full-time freelance writer and content marketing specialist who geeks out about finance, e-commerce, technology, and real estate. Her lengthy list of publishing credits include Bankrate, Lending Tree, and Chase Bank. She is the founder and owner of, a travel, technology, and entertainment website. She lives on Long Island, New York, with a veritable menagerie that includes 2 cats, a rambunctious kitten, and three lizards of varying sizes and personalities – plus her two kids and husband. Find her on Twitter, @DawnAllcot.
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