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Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

5 min

At what age can you collect your pension without penalty?

For those born in 1960 or later, the full retirement age for Social Security is 67. However, the age at which you can collect retirement income without penalty can vary significantly depending on the type of retirement plan, including when you can collect your pension without penalty.

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3 min

What is premature closure of senior citizen account?

In a 2025 financial report, nearly 1.2 million tax returns reported over $1.5 billion in penalties due to early withdrawals from retirement accounts. This highlights a crucial financial issue for many retirees, and prompts the question: **What is premature closure of senior citizen account?**. It refers to the action of closing a designated savings or investment account before its predetermined maturity period expires, which can result in penalties and loss of accrued interest.

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