Full-retirement age has been 65 for many years. However, beginning with people born in 1938 or later, that age will gradually increase until it reaches 67 for people born after 1959. The following chart shows the steps in which the age will increase.

Note: Persons born on January 1 of any year should refer to the full retirement age for the previous year. For example: If you were born January 1, 1939, Social Security considers your year of birth to be 1938 and so will reach full retirement age at 65 and 2 months.

Even though the full retirement age has increased, the minimum age at which you can receive benefits remains age 62.