- How It Works
- ServicesServicesOverviewChoose the right level of support for your plan and needsExpert ReviewA comprehensive review of inputs and reports to get you on the right pathFiling AssistanceLet our experts deal with Social Security for youClawback AssistanceFor those who need help fighting a Social Security benefit clawback
.png)
- Why Choose Us
- ResourcesResourcesBooksFrom the world-renowned economist behind Maximize My Social SecurityWebinars & PodcastsExpert tips and guides to help you get the maximum from Maximize My Social SecurtyArticlesIn-depth commentary on Social Security from our founderAsk LarryThousands of questions answered by our Social Security expertsBlogSocial Security insights to help you maximize your lifetime benefitsFAQYour most pressing questions answered
- Pricing
Ask Larry
Experts at Maximize My Social Security have answered more than 10,000 questions about Social Security over many years. Search for your questions and answers here.
How Much Will My Benefit Rate Be Reduced If I Start Benefits At Age 64?
I turn 66 April 20 , 2019 , If I decide to start my Social security payments in April of 2017 what percentage of my FRA would I lose . I am projected to receive $1550 per month .
Hi,
If you start drawing your retirement benefits 24 months prior to full retirement age (FRA), your benefit rate will be reduced by 13.33%. You may want to consider running the maximization software available on this website before making any final decisions on when to apply for benefits.
Best, Jerry
Category:
Posted:
November 20, 2016