Ask Larry

Can I Draw My Social Security At Age 63 & 4 Months?

Can I draw my social security at 63 and 4 mths born in 1958

Hi. Yes, you could qualify for Social Security retirement benefits provided that you have at least 40 quarters of Social Security coverage and you aren't earning too much to be able to collect benefits (https://www.ssa.gov/benefits/retirement/planner/whileworking.html).

However, your monthly benefit rate would be permanently reduced for age if you draw benefits prior to your full retirement age (FRA). You may want to strongly consider using our software (https://maximizemysocialsecurity.com/purchase) to fully analyze the options available to you in order to determine your best strategy for maximizing your benefits.

Best, Jerry

Category: 
Posted: 
Nov 2 2021 - 9:22am
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