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Lawmakers Could Raise Social Security's Full Retirement Age. Here's What That Might Mean for You
Lawmakers don't want to see those cuts happen, so they've been talking through different solutions to prevent them. And one such solution is to raise Social Security's full retirement age. Currently, that age is 67 for anyone born in 1960 or later. Some lawmakers feel that pushing that age to 69 could help prevent broad Social Security cuts.
Social Security is a vital source of income for many retired Americans. But, not every recipient relies heavily on benefits.
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Answer: A large-enough retirement account could affect their Medicare premiums for up to 10 years, not just one.
Individuals who were born in 1960 or later who want to retire and receive their full Social Security benefits should note ...
Starting in 2026, the full retirement age for social security will rise to 67, impacting retirement plans for millions. Early ...
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