FRA
USA Retirement Age Increase in 2025 – Check New Retirement Age & Revised Eligibility
Anthony Lane
The USA retirement age increase in 2025 means that individuals born in 1959 will have an FRA of 66 years and 10 months. Early retirement at 62 comes with a 29.17% penalty, while delaying benefits until 70 can increase monthly payments by 8% per year. A 2.5% Cost-of-Living Adjustment (COLA) will also raise benefits in 2025. Learn how these changes impact your Social Security strategy and retirement planning.
