You can choose to start receiving retirement benefits as early as age 62,regardless of your full-benefit retirement age.If you do so,however,your basic retirement benefit will be permanently reduced by as much as thirty percent.

Question

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This statement is true. You can start receiving retirement benefits as early as age 62, but your basic retirement benefit will be permanently reduced if you choose to do so. The reduction can be as much as thirty percent depending on your full-benefit retirement age.

You Can Choose to Start Receiving Retirement Benefits as Early