BUSINESSWEEK ONLINE : JULY 17, 2000 ISSUE
COVER STORY Where You Stand on Benefits Social Security's new sliding scale means that the later you were born, the older you'll have to be to start collecting your full benefit--and the smaller your monthly checks will be if you start collecting at age 62 IF YOU WERE BORN IN... YOU CAN'T COLLECT YOUR FULL BENEFIT UNTIL AGE... HOW MUCH YOU LOSE IF YOU START COLLECTING AT AGE 62 1937 & EARLIER 65 20.00% 1938 65 & 2 months 20.83 1939 65 & 4 months 21.67 1940 65 & 6 months 22.50 1941 65 & 8 months 23.33 1942 65 & 10 months 24.17 1943-1954 66 25.00 1955 66 & 2 months 25.84 1956 66 & 4 months 26.66 1957 66 & 6 months 27.50 1958 66 & 8 months 28.33 1959 66 & 10 months 29.17 1960 & LATER 67 30.00 DATA: SOCIAL SECURITY ADMINISTRATION _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP					RELATED ITEMS When to Collect TABLE: Where You Stand on Benefits INTERACT E-Mail to Business Week Online

Copyright 2000-2008, by The McGraw-Hill Companies Inc. All rights reserved. Terms of Use   Privacy Notice