At full retirement age — currently 66 and 2 months and gradually rising to 67 over the next several years — your SSDI payment converts to a retirement benefit. The reduction ends when you hit full retirement age, so your Social Security benefit would increase at that time.

Will I lose SSI when I turn 65?

When you reach the age of 65, your Social Security disability benefits stop and you automatically begin receiving Social Security retirement benefits instead. The specific amount of money you receive each month generally remains the same.

When can I collect Social Security if I was born in 1954?

If you were born between 1943 and 1954 your full retirement age is 66. You can start your Social Security retirement benefits as early as age 62, but the benefit amount you receive will be less than your full retirement benefit amount.

What happens to Social Security benefits at age 66?

Your monthly benefit will be permanently reduced. Age 66: This is currently “full retirement age” (FRA). If you delay the start of benefits until you reach this age, you will receive 100% of the benefit you earned. In addition, you will have more choices about how you can take your benefit. (1)

What’s the earliest you can receive Social Security benefits?

Age 62: This is the earliest age you can begin to receive retirement benefits. Your monthly benefit will be permanently reduced. Age 66: This is currently “full retirement age” (FRA).

When did social security start raising retirement age?

However, due to a law passed by Congress in 1983, it has been gradually increasing, beginning with people born in 1938 or later, until it reaches 67 for people born after 1959. You can learn more about the full retirement age and find out how to look up your own at

How are Social Security benefits reduced when you reach full retirement age?

If you start receiving benefits early, your benefits are reduced a small percent for each month before your full retirement age. To find out how much your benefit will be reduced if you begin receiving benefits from age 62 up to your full retirement age, use the chart below and select your year of birth.