A measure of the availability of a benefit. The National Compensation Survey (NCS) presents data on the percent of workers with access to, and who participate in, employee benefits.
How to Collect Social Security. The U.S. Social Security Administration (SSA) allows eligible individuals to collect Social Security retirement benefits at any point between 62 and 70 years of age. There are pros and cons to early or late collection, but the process remains the same.
Social Security retirement benefits can be collected as early as age 62 or as late as age 70. Full retirement age depends on your birthday, but for boomers now starting to retire, the full retirement age is 66. If you receive benefits before you reach full retirement age, your benefit will be reduced by up to 25%.efore you apply for benefits, itâs important to determine the best time to apply. Social Security makes up approximately 40% of the average Americanâs retirement income so itâs important to make the best decision for you and your family.