February 24, 2005

Social Security Point of the Day (SSPOD)

Filed under: Soc. Sec. & Retirement — TBlumer @ 9:43 am

Thanks to changes to the system made in the mid-80s (as a result of the work of the Reagan-appointed Greenspan Commission), the age at which a person can collect “full” Social Security benefits has been raised from 65 to as high as 67, depending on when you were born.

Two examples:
- Anyone born between 1943-1954 must wait until Age 66.
- Anyone born in 1960 or later must wait until Age 67.

The large majority of the participants in the retirement classes I teach believe that the Full Retirement Age is still 65 for everybody.

Sorry to be the one to break it to you if you didn’t know….

1 Comment

payday loan…

Excellent idea. I will try it….

Trackback by payday loan — December 13, 2006 @ 6:02 pm

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