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This page describes how the full retirement age to receive Social Security benefits is increasing. http://www.ssa.gov/pubs/ageincrease.htmThis planner page explains how year of birth affects the amount of the retirement or spouse's benefit payable at age 62. http://www.socialsecurity.gov/retire2/agereduction.htmThis Retirement Planner page explains what Social Security means by full retirement age. ... If your full retirement age is older than 65 (that is, you were born after 1937), you ... http://www.ssa.gov/retire2/retirechart.htmNormal retirement age (NRA) ... Retirement before "Normal Retirement Age" (NRA) reduces benefits, and retirement after NRA increases benefits. http://www.socialsecurity.gov/OACT/ProgData/nra.htmlRetirement is the point where a person stops employment completely. A person may also semi-retire and keep some sort of retirement job, out of choice rather than necessity. http://en.wikipedia.org/wiki/Retirement |
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