If they elect to begin receiving benefits at full retirement age, they can receive full benefits, or if they elect to begin receiving benefits at age 62, they receive benefits at a permanently reduced level. The full retirement age rises with birth year: a person born in 1940 reaches full retirement age at 65 years and 6 months, and a person born in 1960 or later reaches full retirement age at 67. Should Social Security continue to thrive in the future? Why or why not

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The future sustainability of Social Security is a complex and debated topic with various factors to consider Here are some points to weigh in on both ... View the full answer