straw platt. c. 1750, a record, quoted in The Pennsylvania Magazine of History and Biography (1931): The versatility of his craftsmanship is likewise evidenced by the inventory which included 8Â½ Doz. Walking Sticks & Rodds and 3Â½ Doz. Straw Hatts, some platt &c..
At age 62, your benefit amount is about 25 percent lower than your full benefit at age 66. If you delay receiving your Social Security until age 70, the monthly amount is 32 percent more than you would get at full retirement age. From 62 to 70, that comes to a monthly increase of $570 or $6,840 a year.
You can elect to receive your benefit anytime from 62, the earliest age at which you can begin to collect benefits, to age 70, but there's a certain age when you're entitled to full or unreduced retirement benefits. That would be your full retirement age (FRA), or what some also call your normal retirement age. Reduced benefits. Start taking your benefits before your FRA and your monthly payment will be reduced. That reduction could be anywhere from 20% to 35% depending on your FRA and whether it's your or your spouse's benefit.