Social Security is a complex program. It doles out benefits to over 69 million Americans each month, so it's tough to accommodate that many people with a one-size-fits-all solution. It is for perhaps this reason that retirees can claim benefits at different ages.

Retirees born in 1960 or later no longer reach full retirement age at 65. Learn why the FRA went up, what it means for you and the possible future of the FRA.

What's the ideal age for claiming Social Security retirement benefits? It depends on who you ask. The earlier you start, the smaller your checks. But, you'll collect these payments for more time. That