Many Americans are hearing about changes to Social Security retirement rules for 2026. Headlines suggest that retiring after age 65 is ending or that a big new rule starts next year. The truth is simpler: the full retirement age (FRA) – the age when you get 100% of your earned benefits – fully reaches 67 for people born in 1960 or later. This is the final step in a change that started decades ago. As of December 15, 2025, this guide explains the facts in easy words, who it affects, and how to plan.
What Is Full Retirement Age?
Full retirement age is the point when you can collect your complete Social Security retirement benefits without any cuts for claiming early. You can start benefits as early as age 62, but your monthly amount will be lower forever. If you wait past your FRA up to age 70, you get extra money each month.
This age used to be 65 for everyone. In 1983, Congress changed the law to slowly raise it to 67. The reason? People are living longer, so the program needs to stay strong for future generations.
Why the Change Happened
- Longer life expectancy means more years of payments.
- Helps keep Social Security funded longer.
- The increase happened in small steps over many years.
There is no sudden new law for 2026 – it’s the last part of the 1983 plan.
How the Full Retirement Age Has Changed Over Time
The FRA increased gradually based on birth year. Here is a clear table:
| Birth Year | Full Retirement Age | Year You Turn FRA |
|---|---|---|
| 1937 or earlier | 65 | Already passed |
| 1938 | 65 and 2 months | Already passed |
| 1939 | 65 and 4 months | Already passed |
| 1940 | 65 and 6 months | Already passed |
| 1941 | 65 and 8 months | Already passed |
| 1942 | 65 and 10 months | Already passed |
| 1943–1954 | 66 | Already passed |
| 1955 | 66 and 2 months | 2021 |
| 1956 | 66 and 4 months | 2022 |
| 1957 | 66 and 6 months | 2023 |
| 1958 | 66 and 8 months | 2024 |
| 1959 | 66 and 10 months | 2025 |
| 1960 or later | 67 | 2027 or later |
For people born in 1960, you reach age 67 in 2027. That means in 2026, the FRA is fully 67 for new claimants turning 62 or older.
Who Does This Affect in 2026?
- Mainly younger baby boomers (born 1960–1964) and Generation X (born 1965–1980).
- If you were born before 1960, your FRA is already set lower.
- Starting in 2026, anyone turning 62 that year (born in 1964) will have FRA at 67.
What Happens If You Claim Early?
If your FRA is 67 and you start at 62:
- Your benefit drops by about 30%.
- The cut is permanent.
Example: If your full benefit at 67 is $2,000 a month, at 62 it might be around $1,400.
Benefits of Waiting Longer
- From FRA to 70, you get an 8% increase per year (for those born in 1943 or later).
- At 70, you could get 124% of your full amount.
Other Social Security Changes for 2026
While FRA reaches 67, other updates include:
- A 2.8% cost-of-living adjustment (COLA) – benefits rise by about $56 a month on average starting January 2026.
- Higher earnings limits if you work while getting benefits.
- Medicare Part B premiums may go up, which could reduce your net check.
No big new cuts or increases beyond these planned adjustments.
How to Check Your Own Retirement Age and Benefits
Create a free “my Social Security” account at SSA.gov. You can:
- See your exact FRA.
- Estimate benefits at different ages.
- View your earnings history.
It’s the best way to plan. The SSA also has an online calculator for quick checks.
Tips for Planning Your Retirement
- Think about health, savings, and life expectancy.
- Many people claim early for personal reasons, even with the reduction.
- Talk to a financial advisor if needed.
- Delaying can mean more money if you live longer.
Beware of Misinformation and Scams
Some online stories exaggerate, saying “retirement at 65 ends” or hint at ages like 69 or 75. These are not true – no new laws raise it beyond 67 right now. Proposals exist, but nothing is passed.
Scammers use these rumors to trick people. Never share personal info over phone or email. Always use official sites like SSA.gov.
Frequently Asked Questions (FAQ)
1. Is the full retirement age changing to something new in 2026?
No big surprise change. It reaches 67 for those born in 1960 or later – the final step from a 1983 law.
2. Can I still retire at 65?
Yes, but if your FRA is 67, benefits will be reduced if you claim before then.
3. When do people born in 1960 get full benefits?
At age 67, which is in 2027 (depending on your birthday).
4. Will benefits increase in 2026?
Yes, by 2.8% due to COLA, starting January payments.
5. Is there a plan to raise the retirement age higher?
Some politicians propose it (like to 69), but nothing is law yet.
6. How much less do I get if I claim at 62 with FRA 67?
About 30% less each month for life.
7. What if I delay past 67?
You get 8% more per year until 70.
8. Where can I get official info?
Visit SSA.gov or call 1-800-772-1213.
Conclusion
The full retirement age hitting 67 in 2026 is not a sudden end to retiring after 65 – it’s the planned end of a long-phase-in from 1983. It affects younger workers by encouraging them to wait longer for bigger checks. Social Security remains a key support for millions, with automatic increases like the 2026 COLA helping against rising costs. Plan ahead using official tools to make the best choice for your situation. Stay informed with trusted sources, and enjoy a secure retirement.