Thursday, December 02, 2010

Retirement increase to 68 by 2050 and 69 by 2075

Retirement increase to 68 by 2050 and 69 by 2075

 ....draft " deficit bill " proposal:

December 02, 2010 - deficit commission " proposal ", the retirement age would gradually increase to 68 by 2050 and 69 by 2075 to keep Social Security solvent.

Retirement Chart and Info:
http://www.ssa.gov/retire2/agereduction.htm

Frequently asked retirement questions
http://www.ssa.gov/planners/faqs.htm

Choose A Benefit Calculator
http://www.ssa.gov/planners/benefitcalculators.htm

The Full Retirement Age is Increasing

Full retirement age (also called "normal retirement age") had been 65 for many years. However, beginning with people born in 1938 or later, that age gradually increases until it reaches 67 for people born after 1959.

The 1983 Social Security Amendments included a provision for raising the full retirement age beginning with people born in 1938 or later. The Congress cited improvements in the health of older people and increases in average life expectancy as primary reasons for increasing the normal retirement age.

Note: If you were born on January 1st of any year you should refer to the previous year.

continued here: http://www.ssa.gov/pubs/ageincrease.htm

Or read our chart that shows the steps in which the full retirement age is increasing.

http://www.ssa.gov/pubs/retirechart.htm

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Tax Cut Facts: How Obama’s Tax Cuts Are Helping American Families
http://www.whitehouse.gov/blog/2010/10/21/tax-cut-facts-how-obama-s-tax-cuts-are-helping-american-families

From Obama, the Tax Cut Nobody Heard Of
http://www.nytimes.com/2010/10/19/us/politics/19taxes.html?_r=2

Pending, Signed, Vetoed - Legislation
http://www.whitehouse.gov/briefing-room/legislation

Get the Facts Straight on Health Reform

There’s a lot of misinformation out there. The fact is the Affordable Care Act holds insurance companies accountable, lowers health care costs, guarantees more choice, and enhances the quality of care for all Americans.


http://www.whitehouse.gov/healthreform/myths-and-facts#healthcare-menu

Explore your coverage and pricing options

Find out which private insurance plans, public programs and community services are available to you.

This tool will help you find the health insurance best suited to your needs, whether it's private insurance for individuals, families, and small businesses, or public programs that may work for you. It was created to help consumers under the health insurance reform law, the Affordable Care Act.

http://www.healthcare.gov