What is the FRA for individuals born before 1937?

For individuals born before 1937, the full retirement age (FRA) is indeed 65. This age is significant as it marks the point at which individuals are eligible to receive their full Social Security retirement benefits without any reduction.

The Social Security Administration has gradually increased the FRA for people born in later years; however, those born in 1936 or earlier are under the original structure that set the full retirement age at 65. This is a key historical aspect of Social Security policy that reflects the program's evolution, influencing the planning and benefits for retirees during that period. Understanding this context can help in navigating the complexities associated with Social Security benefits and retirement planning.