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New Approach to Social Security's Full Retirement Age Would Eliminate 83% of Cash Shortfall
Motley Fool Link to more items from this source
[Opinion]
Apr. 12, 2017
"[The Save Our Social Security Act of 2016 (S.O.S. Act)] may be best remembered as providing a unique solution to Social Security's full retirement age that would eliminate a whopping 83% of the program's budgetary shortfall ... The S.O.S. Act would continue raising the FRA by two months per year between 2022 and 2034 until it hits age 69 in 2034. At this point, the FRA would be indexed to longevity ... At the same time, the maximum age for delayed retirement credits would increase in step with the full retirement age, keeping a three-year gap in place."

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