Will the government raise the Social Security retirement age?
The House of Representatives last week approved a retirement bill that would push out the age for required minimum distributions on certain savings accounts to 75; could other official ages through the government programs be increased? There are no imminent changes to the Social Security program in the works, says Mark J. Warshawsky, a well respected authority on retirement and Social Security. Lorie Konish writes in her article for CNBC.com that the Social Security’s retirement age is moving to 67, but some experts say that could go even higher and what that could mean to future retirees under age 60. Read Ms. Konish’s article here…
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