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.
The youngest age you can start taking Social Security benefits is 62, but that's considered early. So your check will be reduced based on how many months away from full retirement you are. Full retirement is the age when you qualify for unreduced Social Security benefits. If you were born after 1960, that's age 67. If you delay benefits until age 70, you may be eligible to receive a credit of up to 8 percent per year, depending on your birth year.