Each article costs us about $50 in history books as source material, plus editing and server costs. You can help us create even more free articles for as little as $5 per month, and we'll give you an ad-free experience to thank you! Become a Member.
A. You can. Social Security will accept your application for early benefits when you're 61 years 9 months. Regardless of how old you are, the agency generally recommends that you apply three months before you would like the first payment to arrive.
However, the penalty applies only to people between 62 and full retirement age. If you decide to wait until 66, you should apply to Social Security three months before your birthday. You can apply online, by phone (1-800-772-1213) or by going to a local Social Security office (call ahead for an appointment).