As part of its review of a recent proposal, the Social Security actuaries provided another contribution to the extensive body of evidence showing that life expectancy is positively related to income and that the gap between those at the top and the bottom of the income distribution has increased over time.

If you're wondering why younger retirees have such smaller benefits, here's why: Each of us has a full retirement age at which we can start collecting the full Social Security benefits to which we're entitled, based on our earnings record. For most of us, that age is 66 or 67.

Key Points You must claim Social Security benefits at your full retirement age to get your standard benefit. Your full retirement age is based on your birth year. Early filing penalties or delayed retirement credits apply if you claim before or after

Social Security recipients will see a 2.5% increase in their benefits this year, among other key changes to the program that affect retirement age, taxable earnings, and public sector workers, federal officials announced.

You can claim Social Security beginning at 62, but doing so will permanently reduce how much your monthly benefit amount is. Even so, there's one key reason to claim Social Security at 62: Flexibility.

Starting in 2025, a significant change is coming to Social Security, affecting when millions of Americans can retire with full benefits. The Social Security Administration (SSA)

The Social Security retirement age increased in 2025. Find out what this means for you, how it affects your benefits, and the best time to claim Social Security.

As many Americans look forward to retirement, maximizing Social Security benefits becomes a significant part of their financial planning. However, a recent

Many Americans look forward to retirement as a time to maximize their Social Security benefits and pursue their goals. However, a recent change in the retirement age may prompt some to rethink their plans.