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If you know much about generations, you may know that the baby boom generation encompasses those born between 1946 and 1964. If you were born in 1964 and you're among the last of the baby boomers ...
Social Security's full retirement age reflects the point at which people can claim their full benefits. It's going up in 2025. ... That will mostly impact the youngest baby boomers and Gen Xers ...
The roughly 71.6 million men and women of the postwar baby-boom generation started hitting retirement age about a decade ago. But it’ll be another dozen years before the whole generation has ...
The Social Security COLA is implemented each year to help account for inflation. In 2024, the COLA is 3.2%. That will drop to 2.5% in 2025, the Social Security Administration reported in October 2024.
The Social Security Administration has a diminished staff after Congress has for years declined to fund the agency at its requested levels, even as the baby boomer generation ages and adds to the ...
A new year, a new number for Social Security and the benefit program's full retirement age. Most people associate the age of 65 with retirement – although there's data suggesting the average ...
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