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How your age affects your benefits
First, it's important to understand exactly how your age will affect your monthly payments. You can file for Social Security as early as age 62 or delay benefits to earn larger checks each month. While there's no limit to how long you can wait, you'll only receive higher payments up to age 70 -- so there's no financial incentive to delay past that age.To receive 100% of the benefit you qualify for based on your earnings history, you'll need to file at your billion casino royal:full retirement age (FRA) -- which is age 67 for everyone born in 1960 or later. By claiming at 62, your benefits will be reduced by up to 30%. Wait unti💮l age 70, and y⛦ou'll receive your full benefit plus a bonus of 24% or more.