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  2. The great debate: Taking Social Security at age 62 vs 70 ...

    www.aol.com/finance/social-security-timing-age...

    The earliest you can file for Social Security is 62 and you’ve reached “full retirement” — when you can collect 100% of your eligible benefit — between 66 (those born 1943-54) and 67 ...

  3. Types of retirement plans and which to consider - AOL

    www.aol.com/finance/types-retirement-plans...

    Pros: Automatically deposits money from your paycheck into a retirement account. Cons: The employee must do the work of setting up a plan, and employers can not contribute to it as with a 401(k ...

  4. Social Security debate in the United States - Wikipedia

    en.wikipedia.org/wiki/Social_Security_debate_in...

    This requires increased revenues devoted to Social Security. Their plan, as with several other Social Security stabilization plans, relies on gradually increasing the retirement age, raising the ceiling on which people must pay FICA taxes, and slowly increasing the FICA tax rate to a peak of 15% total from the current 12.4%. [109]

  5. Pros and Cons of Retirement Income Funds - AOL

    www.aol.com/news/pros-cons-retirement-income...

    Today, and for every day for the next 10 years, 10,000 baby boomers will turn 65, fueling huge demand for retirement income. While Social Security is a start, many retirees have investment assets ...

  6. Retirement plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Retirement_plans_in_the...

    In an unfunded plan, no funds are set aside for the specific purpose of paying benefits. The benefits to be paid are met immediately by contributions to the plan or by general assets. Most government-run retirement plans, including Social Security, are unfunded, with benefits being paid directly out of current taxes and Social Security ...

  7. ‘Social Security is broke beyond belief’: Economist says the ...

    www.aol.com/finance/social-security-broke-beyond...

    “Social Security is broke beyond belief,” Laurence Kotlikoff told The Brink, Boston University's research news website. “Its unfunded liability is $65.9 trillion — twice the size of ...

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