New Retirement Age Hits 67, Softer Penalties Apply
The Social Security Administration (SSA) has announced a change to its retirement age policy starting January 1, 2025. The new policy raises the full retirement age from 66 years and 8 months to 67 years. In 2024, those born in 1958 reached their 66-and-eighth-month birthday, marking the beginning of their full retirement benefits. However, those … Read more