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Taking NRA 65 benefits at 60

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Waggotg
Posts: 2
Joined: 09 Jan 2017, 14:09
Gender: Female

Taking NRA 65 benefits at 60

Post by Waggotg »

Does anyone know how much NRA 65 benefits would be reduced by if you took them at 60? I know NRA60 benefits are reduced by 5% per year when taken early but I think it may be different for NRA65.
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TrueBlueTerrier
FORUM ADMINISTRATOR
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Joined: 30 Dec 2006, 10:29
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Location: On my couch

Taking NRA 65 benefits at 60

Post by TrueBlueTerrier »

Waggotg wrote:Does anyone know how much NRA 65 benefits would be reduced by if you took them at 60? I know NRA60 benefits are reduced by 5% per year when taken early but I think it may be different for NRA65.

No they are all are reduced by 5% per year when you take them early.
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stephen500
EX ROYAL MAIL
Posts: 1458
Joined: 02 Jun 2007, 04:04

Taking NRA 65 benefits at 60

Post by stephen500 »

Waggotg wrote:Does anyone know how much NRA 65 benefits would be reduced by if you took them at 60? I know NRA60 benefits are reduced by 5% per year when taken early but I think it may be different for NRA65.
It is not, it is says it is around 5% per year, but it is normally never more than that.
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Waggotg
Posts: 2
Joined: 09 Jan 2017, 14:09
Gender: Female

Taking NRA 65 benefits at 60

Post by Waggotg »

Thank you, that's good news !
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