Retirement Age Rising in 2025: How Vick Law Can Help
Retirement planning just got more complicated. According to a recent CBS article, Social Security's full retirement age is increasing in 2025, starting in 2025, the full retirement age (FRA) for Social Security benefits will increase yet again. For those born in 1959, the FRA will now be 66 years and 10 months, while those born in 1960 or later will have to wait until at least age 67. Compounding this, the Cost of Living Adjustment (COLA) for Social Security checks will only rise by 2.5% in 2025—the smallest increase since 2021.
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