Social Security's retirement age increases today. Here's what to know
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.
Biden estimated the bill should lead to an average monthly increase of $360 for certain public employees and their spouses ...
"In the most recent case, spouses, wives or widows who worked in jobs where they did not pay into Social Security," said John ...
President Biden has signed into law a measure that boosts Social Security payments for current and former public employees.
Keep in mind that the Social Security Administration also pays benefits in the month after they're due. For example, if you turn 62 on March 21, 2025, you won't be eligible for benefits until April ...
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