What was the average annual benefit for men in 2023? $17,000 $22,000 $27,000 $32,000 None What was the average annual benefit for women in 2023? $17,000 $22,000 $27,000 $32,000 None How much (% of pay) do most employees pay into Social Security through FICA taxes? 0% 2.6% 6.2% 10% None What is the earliest age a person can begin receiving their Social Security retirement benefits? 62 65 67 70 None For people born in 1960 or later, what is Social Security's Full Retirement Age (FRA)? 62 65 67 70 None How many Social Security credits can you earn each year? 1 2 4 12 None How many Social Security credits do you need to receive retirement benefits? 10 35 40 100 None What day of the month will you receive Social Security benefits? On the 1st of the month On the 15th of the month On my birthday It depends on my birthday None When it comes to collecting my Social Security benefits, I can..... update the amount I want at any time collect a lump sum payment instead of monthly payments begin benefits at age 62, but it will be a smaller amount begin benefits at age 80, to receive a maximum benefit None I'm ready to begin benefits! What do I need to do? Nothing. Social Security will automatically mail you a monthly check. Request your benefits when you file your annual tax return. Visit a local Social Security office, they'll pay you immediately. File online at ssa.gov approximately 3-4 months before you're ready to begin benefits. None Time's up
