You could have drawn your full benefit at age 65 and ten months. Your first check could have been paid for March of 2008. Every month you don't file for benefits, your monthly benefit will increase 5/8 of 1% for every month past your full benefit age, up to age 70. Benefits are reduced five-ninths of one percent for each month
you are retired before age 65 and 10 months, up to a maximum of 24.2 percent for people who
retire the month they reach 62. But remember, by taking benefits earlier,
you'll receive S.S. checks for a longer period of time. For complete information, visit the Social Security Administration website at: www.ssa.gov
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