If you have at least 35 years of earnings at or above the threshold, you may be in line for the maximum possible benefit in retirement. But there's still a big difference between claiming as soon as possible at age 62 and waiting until full retirement or age 70.

However, those born in 1960 or later will have a full retirement age (FRA) of exactly 67 years. This change affects how much you will receive in Social Security benefits and when

The retirement age in the U.S. has evolved, impacting when workers can access full Social Security benefits. With the age now set at 67, this change reflects longer lifespans and shifts in job nature.