USA Retirement Age Increase
USA Retirement Age Increase in 2025 – Check New Retirement Age & Revised Eligibility
The USA retirement age increase in 2025 means that individuals born in 1959 will have an FRA of 66 years and 10 months. Early retirement at 62 comes with a 29.17% penalty, while delaying benefits until 70 can increase monthly payments by 8% per year. A 2.5% Cost-of-Living Adjustment (COLA) will also raise benefits in 2025. Learn how these changes impact your Social Security strategy and retirement planning.
USA Retirement Age Just Increased for 2025 – Are You Affected? Check New Eligibility
The Social Security retirement age has increased in 2025, affecting those born in 1959 who must now wait until 66 years and 10 months to claim full benefits. Early claiming at age 62 significantly reduces monthly payments, while delaying until 70 boosts them. With a COLA increase of 2.5%, it’s essential for individuals nearing retirement to reassess their financial plans.
