Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
What is the age requirement to draw social security retirement in California? I thought it was 65 years old but someone said it was 67 .?
6 Answers
- justaLv 76 years ago
Its the same nationally, currently, the full benefit age is 66 for people born in 1943-1954, and it will gradually rise to 67 for those born in 1960 or later. Early retirement benefits will continue to be available at age 62, but they will be reduced more.
- STEVEN FLv 76 years ago
The requirements are the same in ALL states. You CAN begin drawing as early as 62. If you start before 'full retirement age' your payments are reduced. 65 used to be full retirement age, but it has been increased for new retirees. By the time I reach retirement age, it will be about 75.
- joensfcaLv 76 years ago
you can retire at 62 with reduced benefits. for full benifits it depends on when you were born.
Social Security's full-benefit retirement age is increasing gradually because of legislation passed by Congress in 1983. Traditionally, the full benefit age was 65, and early retirement benefits were first available at age 62, with a permanent reduction to 80 percent of the full benefit amount. Currently, the full benefit age is 66 for people born in 1943-1954, and it will gradually rise to 67 for those born in 1960 or later. Early retirement benefits will continue to be available at age 62, but they will be reduced more. When the full-benefit age reaches 67, benefits taken at age 62 will be reduced to 70 percent of the full benefit and benefits first taken at age 65 will be reduced to 86.7 percent of the full benefit.
- How do you think about the answers? You can sign in to vote the answer.