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What’s the Full Retirement Age? Get the Facts. Know the Rules.
A Guide to Know and Understand your Retirement Age Understanding your full retirement age is crucial for effective retirement planning. Let's dive into what it means, how it has evolved, and the essential rules you need to know for 2024. Full Retirement Age: A Brief History The full retirement age (FRA) was set at 65 for decades. However, changes were made in 1983 to gradually increase this age, reflecting longer life expectancies and healthier aging. Today, the full retirement age is 67 for those born in 1960 or later. For those born between 1943 and 1959, the FRA ranges [...]
How to Enroll in Medicare if You’re Working Past 65
Working Past 65: Medicare Options and What You Need to Know Download our brand new eBook: "Should I Drop My Employer Insurance for Medicare here! For decades, the gold standard for retirement age was 65. But in the last several years, we’ve seen the retirement age inch up with many folks working past 65. Now, 20 percent of Americans age 65 and older are participating in the workforce—the highest rate in nearly six decades. Some of this is due to the U.S. government formally changing the Social Security retirement age. Since 1983, the retirement age, previously set at [...]
