info
On Christmas Day, the New York Stock Exchange and Capital Group’s U.S. offices will be closed.

In observance of the Christmas Day federal holiday, the New York Stock Exchange and Capital Group’s U.S. offices will close early on Wednesday, December 24 and will be closed on Thursday, December 25. On December 24, the New York Stock Exchange (NYSE) will close at 1 p.m. (ET) and our service centers will close at 2 p.m. (ET)

Social Security retirement benefits

As you plan for retirement, it’s important to evaluate your Social Security options. If you retire before what’s considered full retirement age, your monthly benefits will be reduced. Use the table below to find your full retirement age.

Year of birth*

Full retirement age

 1943-1954

66

 1955

66 and 2 months

 1956

66 and 4 months

 1957

66 and 6 months

 1958

66 and 8 months

 1959

66 and 10 months

 1960 and later

67

* If your birthday is on January 1, use the full retirement age for the previous year.

Additional information:

  • If you are at full retirement age in 2025, your maximum benefit is $48,216 per year.
  • If you return to work after you’ve started claiming Social Security benefits and you haven’t reached full retirement age and earn more than the yearly earnings limit, those payments may be reduced. See the table below.
     

If you’re under your full retirement age in 2025…

Your payments will be reduced $1 for every $2 you make over $23,400.

If you will reach your full retirement age in 2025…

Your payments will be reduced $1 for every $3 you make over $62,160 until the month you reach full retirement age. You can then work without any reduction in your benefits, no matter how much you earn.

For more details about your benefits (including a tool that helps you estimate what your benefits might be), visit the Social Security website.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Use of this website is intended for U.S. residents only.
Capital Client Group, Inc.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.