Timezone is a string with a maximum length of 256 characters. New time zones may appear in future releases. If you need to add support for a new time zone, enter the exact time zone string. Set the TimeZone to one of the values in the first column of the Time Zone table, for example, Central Asia Standard Time.
The share of women claiming Social Security benefits at age 62 has also declined over the past decade, but women continue to be more likely to claim early than men. Half of women born in 1943 or 1944 claimed at age 62, compared with 60 percent of those born between 1935 and 1937.
There is a financial bonus for delayed retirement. An individual reaching the full-benefit age in 2017 (66 years and 2 months old) receives a monthly benefit that is 8 percent higher for each year he or she delays collecting benefits. When the full benefit age reaches 67, benefits claimed at age 70 will be 24 percent higher because of that delay. The maximum retirement benefit in 2017 for someone who waits until age 70 to collect benefits is $3,538 a month. For more information, see: Social Security Benefits, Finances, and Policy Options: A Primer