A potential solution being considered by U.S.
lawmakers involves raising the retirement age, a proposal that has garnered significant attention.
In addition to health-related concerns, external economic factors are also driving people to claim Social Security benefits earlier than anticipated.
In light of these economic realities, Social Security remains a vital component of retirement income for millions of people.
This uncertainty has prompted various proposals aimed at addressing potential shortfalls in the Social Security trust fund.
The effects of a possible reform on retirement benefitsCurrently, the full retirement age (FRA)—the age at which individuals can claim their full Social Security benefits—is set at 67...
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