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AARP® Official Site - Join Explore the Benefits AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age
Collecting Social Security at 62 vs 67 vs 70 - AARP Full retirement age, or FRA, is when you become entitled to claim 100 percent of the Social Security benefit calculated from your lifetime earnings For most of the program’s history, that age was 65, but since the early 2000s, it has been gradually increasing to 67 because of changes to Social Security’s financial structure that Congress enacted in 1983
What is the Windfall Provision for Social Security? - AARP The Windfall Elimination Provision (WEP) was a formula that could reduce the size of your Social Security retirement or disability benefit if you also received a pension from a job in which you did not pay Social Security taxes Congress voted in December 2024 to repeal the WEP, ending benefit cuts for those receiving such “non-covered” pensions
7 Things Social Security Deducts From Monthly Payments - AARP What about government pensions? Until recently, this list included eight items, but in December 2024, Congress repealed two Social Security rules—the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO)—that reduced monthly benefit payments for millions of people who collect pensions from public-sector jobs
Can You Suspend Social Security and Restart Benefits Later? Why would you want to do that? Say you filed for Social Security as early as possible, at age 62, accepting a reduced benefit because you needed the money Then suppose you got an unexpected windfall: an inheritance or a new, higher-paying job You’re now able to wait until you are older and can collect a larger benefit
La pensión de un país extranjero afecta Seguro Social - AARP Si recibes una pensión "no cubierta" —en la que no aportaste al Seguro Social mediante impuestos sobre la nómina —, tus pagos del Seguro Social podrían estar sujetos a la Eliminación de Ventaja Imprevista (WEP, Windfall Elimination Provision), que puede reducir tus beneficios