In 2024, the life expectancy for someone born in 1959 was 74 for men and 80.1 for women, according to a Social Security report. The report predicts continuing increases in life expectancy, which translates into even more years that beneficiaries will receive Social Security checks.

If you've got Social Security on your mind, you need to know your "full retirement age" as your age in relation to that affects your benefit level.

Social Security is critical to many millions of retirees, keeping lots of them above the poverty line. Whether it keeps you solvent or just enhances your financial security in retirement, Social Security is likely to be an important source of retirement income.

In 1983, Congress passed a law that gradually increased the age at which people may receive 100% of their Social Security benefits from 65 to 67, a change that was felt over the following decades as Americans approached their retirement age, according to Bipartisan Policy Cente r. The increase aimed to match increasing life expectancy.

More Georgians will become eligible for Social Security benefits in 2025. But the Social Security full retirement age is increasing. Here's more.

“FRA is 66 years and 8 months for people born in 1958 and 66 and 10 months for those born in 1959; people born May 2, 1958, through Feb. 28, 1959, will reach it in 2025. Under current law, it will settle at 67 for people born in 1960 and afterward.”

A half-dozen changes, concerning everything from Social Security checks to the payroll tax select workers will owe, are now in effect.

As we step into 2025, you may be setting financial goals for the year and putting together your to-do list. While you're at it, you should also keep tabs on the Social Security changes coming this year.