Full Retirement Age (FRA)

GOP Suggests Medicaid Cuts: Americans’ Lives on the Line

Former New Hampshire Governor Chris Sununu controversially asserted that Americans would accept eliminating Medicaid, Medicare, and Social Security, along with raising the retirement age, to reduce the national debt. Sununu made these remarks during a CNN appearance, arguing that current retirement ages are unrealistic for younger generations. This statement directly contradicts the White House’s repeated assurances that these programs will not be cut. The exchange sparked significant online debate, with some users expressing outrage while others suggested compromises such as adjusting benefits based on increased lifespans.

Read More

Social Security Full Retirement Age Increases in 2025: What You Need to Know

The full retirement age (FRA) for Social Security benefits is increasing to 66 years and 10 months for those born in 1959, impacting retirement planning for Americans in their 40s. This rise, along with insufficient savings among younger Boomers and Gen Xers, highlights the urgency for improved retirement preparation. Many in these demographics are projected to rely heavily on Social Security, despite its intended role as a partial retirement income replacement. Delaying Social Security benefits until age 70 maximizes benefits, but few currently utilize this strategy.

Read More