Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.
While the earliest age to begin collecting Social Security benefits is 62, it comes with a permanent reduction in your monthly payment. Understanding **what is the earliest age you can collect your pension** is crucial, as the rules vary significantly depending on the type of retirement plan.
Many retirees assume their income is fixed after they stop working. But do pensions increase with age to keep up with rising costs? Understanding the mechanics of your pension plan is absolutely crucial for long-term financial health and peace of mind.
As of January 2025, most weekly social welfare payments in Ireland, including the State Pension, increased by €12 [4]. This guide breaks down exactly how much an old age pensioner gets in Ireland, detailing the different pension types and additional benefits available.
As of January 2024, a foreign pension will no longer affect your U.S. Social Security benefits. Signed into law on January 5, 2025, the Social Security Fairness Act has officially repealed the Windfall Elimination Provision (WEP), eliminating a longstanding rule that previously reduced benefits for those with foreign pensions. This major change directly impacts how a foreign pension affects my Social Security benefits and offers clarity for millions of international workers and retirees.
For every month you delay collecting your Canada Pension Plan (CPP) past age 65, your monthly payment increases by 0.7%, a significant boost to your retirement income. Deciding the optimal timing is one of the most critical financial decisions you will face, so is it better to collect CPP at 65 or 70?
