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Turning 62 in 2022? If yes, your FRA is now 67
We’ve reached the last year of progression on Social Security’s full retirement age–a progression that started some time ago for those born in 1943 and took the conventional full retirement age from 65 to 67. So for now, 67 is fixed for the time being for those born in 1960 and later, at least until legislative steps are taken to move it even further. This, of course, is one of a series of potential adjustments that will need to be considered to deal with the program’s impending solvency problem, so time will tell. In the meantime, check out this article by The Motley Fool’s Christy Bieber appearing on dailyjournalonline.com for a review of how FRA has evolved.
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