For many years, 65 was the age at which you were able to retire and start taking full Social Security benefits, but a law passed in 1983 changed that for some beneficiaries. The full retirement age (FRA) for Social Security benefits rose this year under amendments to the program designed to stretch its funding.

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.

Many people still misunderstand how the system works and why there isn't enough money to keep it strong for the immediate future.

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.

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

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.

Social Security retirement benefits are subject to taxes in many cases. But familiarity with the rules and some advance planning can limit the impact.

Key Points It can be advantageous to delay Social Security for larger payments for life. You don’t want to deplete your savings too quickly, either. Your decision should hinge on your total savings balance,