Most Americans Claim Social Security Before Full Retirement Age, Resulting in Lower Benefits

Over two-thirds of new Social Security claimants in 2024 filed before age 66, resulting in permanently reduced benefits. Those who claimed at full retirement age (FRA) received significantly higher monthly payments.

By Elizabeth Guevara Wed, June 17, 2026 at 12:35 PM GMT+3 2 min read · Yahoo Finance ·

Most Americans Claim Social Security Before Full Retirement Age, Resulting in Lower Benefits

Topics: financial policy retirement age social security benefits

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