Question

Cherise and her husband have enough savings to consider early retirement at age 62. Can they start collecting Social Security at that age?




Select the best answer from the choices provided.



Yes, but their payments will be less than if they waited until age 67.

Yes, but their payments will be reduced until the full retirement age of 67.

No; Social Security payments do not begin until the worker is 67 years old.

No; retiring early voids eligibility for Social Security, even when retirees reach age 67.