Is Social Security's full retirement age increasing in 2025?
For those born in 1959, the full retirement age (FRA) for Social Security is indeed increasing to 66 years and 10 months in 2025. This gradual increase is part of a plan enacted by Congress in 1983 to account for longer life expectancies and ensure the program's long-term stability. Understanding this change is crucial for anyone planning their retirement, particularly those born in 1959 or later, who are directly impacted by the age adjustment.