What is the early entitlement age?

Question

Quizplus · Accepted Answer

The early entitlement age for Social Security benefits is 62. However, it is important to note that taking benefits at this age will result in a permanent reduction in monthly payments compared to waiting until full retirement age (usually 66 or 67, depending on the year of birth). Waiting until age 70 to start benefits results in the highest monthly payments, but it may not be the best choice for everyone depending on their individual circumstances.

What Is the Early Entitlement Age