What happens to your Social Security income if you retire early at age 62 instead of 65?
A) There is a temporary reduction of 5/9 of one percent for each month that you receive payments before age 65.
B) There is a permanent reduction of 5/9 of one percent for each month that you receive payments before age 65.
C) There is a temporary reduction of one percent for each year that you receive payments before age 65.
D) There is a permanent reduction of one percent for each year that you receive payments before age 65.
E) There is no impact on your Social Security income if you retire early.
Correct Answer:
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