20.12.2024 10:30:00

Here's the Maximum Social Security Benefit at Full Retirement Age (FRA) in 2025

Social Security's full retirement age (FRA) is climbing to 66 years and 10 months in 2025. It's the final stop before 2026, when FRA reaches 67 for adults born in 1960 and later. The rising FRA is just one of several Social Security changes set to take place in a few short weeks.Average benefits are also rising across the board, thanks to the 2.5% cost-of-living adjustment (COLA) for 2025. So are maximum benefits. Here's a closer look at how much the wealthiest beneficiaries reaching their FRA this coming year could take home.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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