FRA (Full Retirement Age)

The Social Security Full Retirement Age (FRA) is simply the age at which individuals are eligible to receive their full Social Security benefit.

Under 1983 legislation, Full Retirement Age increases were enacted, beginning with those born in 1938 (turning 62 in 2000) and are fully phased in for those born in 1960 (turning 62 in 2022). The increase in the FRA is a form of benefit cut – either individuals wait longer to claim their full benefit and receive it for fewer years or they claim before age 67 and receive a reduced benefit.

The following chart shows the official Social Security Full Retirement Age (FRA) by year of birth. (Note: If a birthday is on January 1st, Social Security figures the benefit as if the birthday was in the previous year.)

Full Retirement Age (FRA) By Year Of Birth

Year of Birth	Full Retirement Age (FRA)
1937 0r Earlier	65
1938	65 and 2 months
1939	65 and 4 months
1940	65 and 6 months
1941	65 and 8 months
1942	65 and 10 months
1943 – 1954	66
1955	66 and 2 months
1956	66 and 4 months
1957	66 and 6 months
1958	66 and 8 months
1959	66 and 10 months
1960 and Later	67

Source: Social Security Online

A description of the benefit impacts of the FRA changes is found at Social Security Online.