Social Security Full Retirement Age Is Rising 4 Things To Do Now If You Plan To Retire in 2026
News Source : Yahoo Entertainment
News Summary
- The full retirement age (FRA) used to be 65 for most people
- Now, if you were born in 1960 or later, the FRA is 67
- Even retiring just one year early — at the age of 66 — would decrease your benefit amount by 6
- 7%
- Retire at 65, and your benefit drops by 13
- 3%
The full retirement age (FRA) that is, the age when you can collect your full monthly Social Security benefit used to be 65 for most people. Now, if you were born in 1960 or later, the FRA is 67.Re [+3585 chars]