U.S. Raises Retirement Age in 2025 – How It Affects Your Plans
2025 is a watershed moment for how Americans prepare for retirement. The Social Security Administration (SSA) has formally raised the full retirement age (FRA) for future retirees, impacting millions of future beneficiaries. If you’re nearing retirement age, preparing ahead, or already receiving benefits, this adjustment can have a big financial impact on your Social Security benefits and eligibility. Here in this article, we’ll summarize the new age of retirement, the new qualification for it, its effect on early retirement, and …