What is FRA?
Published: September 13, 2024Hello,
FRA stands for Full Retirement Age.
FRA depends on the year you were born. It is the age that you receive 100% of your Social Security retirement benefit. For those born 1943-1954 it was age 66 and those born 1960 and after it is age 67. It goes up 2 months each year for birth years 1955 through 1959 (1955 is 66 and 2 months, etc.)
Learn more about FRA here.
Warmly,
Martha