Ask Larry

Is There A Way To Start Collecting Your Social Security At Age 55 Even If You Aren't Disabled?

I hear people talking about a social security fast forward, pop up plan where you can start collecting at 55 even if your not disabled or your spouse has not passed away. Is there any truth to this?
Thanks

Hi. No. The earliest that you can collect Social Security retirement benefits is at age 62. You are also NOT allowed to opt out of Social Security and receive a refund of your contributions. Nor can you choose to receive a lump sum payment in lieu of monthly benefits.

Best, Jerry

Posted: 
Feb 3 2022 - 7:55am
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