Full retirement age (FRA)
An Analysis of Claiming Ages and the Impact on Benefit Amounts
As most folks approaching the point of claiming Social Security benefits, the age at which you file makes a significant difference in the amount of that monthly payment. The Motley Fool’s Adam Levy illustrates this difference in a series of…
Shoring Up Your Retirement Planning Against Potential Social Security Cuts
A quick review of media offerings these days will tell you that the issue of Social Security’s financial problems is building momentum, along with the possibility of benefit cuts that may affect your eventual participation in the retirement support system.…
How Does the U.S. Compare Globally on Retirement Ages?
The standard U.S. full retirement age (FRA), as most people know, was 65 until the steps were taken in 1983 to deal with a funding crisis. The FRA was changed then to a phasing-in schedule for those born in 1938…