One nice thing about Social Security is that it gives you different options when it comes to claiming benefits. If you need your money on the early side, you can file an early claim in exchange for a reduced benefit. And if you're willing to be patient and hold off on claiming benefits, you'll be rewarded with a higher monthly Social Security check for life.

Age 62 is the earliest age at which you can sign up for Social Security. And not surprisingly, it's a very popular filing age.

Meanwhile, you're entitled to your full monthly Social Security benefit based on your wage history once you reach full retirement age, or FRA. For anyone born in 1960 or later, your FRA is 67.

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Source Fool.com