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The full retirement age is set to increase again by two months, to 66 years and 10 months old, for people born in 1959. That means the higher FRA for that cohort will go into effect in 2025, with ...
The full retirement age for Social Security is set to increase in 2025, with the age for new retirees to claim and receive their full benefit rising to 66 years and 10 months.
Next year, the full retirement age is increasing by two months again: People born in 1959 must be 66 years and 10 months old to get their full benefits. For those born in 1960 and later, the ...
Recipients born May 2, 1958 through Feb. 28, 1959 will all reach full retirement age in 2025, AARP points out. For those born in 1960 and later, the retirement age will jump to 67.
For 2025, retiring at your full retirement age would get you $4,018 per month at most. If you wait to retire until 70, you could get up to $5,108. But if you retire at 62, the most you’ll get is ...
However, if you'll be reaching full retirement age at any point in 2025 but aren't yet at that age at the start of the year, then you get a much higher earnings-test limit. In that case, it's ...
Changes to full retirement age (FRA) In 2025, Social Security's FRA will rise incrementally, continuing its gradual climb toward age 67 for those born in 1960 or later. Workers born in the last ...
If you reach full retirement age after 2025, up to $1,950 in monthly earnings can be exempt. Above this threshold, $1 in benefits is withheld for every $2 in excess earned income.