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.
If you can't or don't want to wait until full Social Security retirement age, it's possible to begin collecting Social Security as early as age 62. While this may seem tempting, you should try to avoid it if possible. Your monthly benefit will be reduced by about 0.5% for every month you start collecting before full retirement age.