Tag: full retirement age

Silhouette of scale with coins

Raising the ‘full retirement age’ is not a third option — it is a benefit cut. The debate about Social Security has begun.  That’s perfectly appropriate.  The system is running a 75-year deficit, and the assets in the Trust Fund, which are temporally filling the gap between revenues and promised benefits, are projected to b…

old man looking to the sunset and the sea with opened arms feeling free and happy

Let’s stop talking about the Full Retirement Age. An informal survey of staff at the Center for Retirement Research asking “What is the current retirement age for Social Security?” produced a range of responses. About half — mostly the “old hands” — said 67. The other half — generally younger and newer staff members — gave answers…