If you claim benefits at the full retirement age, you’ll max out your payment.
Some people will reach that age this year. For people born between July-December in 1957, the full retirement age is 66 and a half. This means they’ll reach it in the first half of 2024.
For those born between January-April 1958, they’ll reach this age in the second half of 2024. For these individuals, this could be the year to finally claim benefits, and enjoy the financial perks of waiting patiently.
Will you be one of those who claim this year? Are you at this pivotal age? Share your thoughts.