{"id":341380,"date":"2025-12-10T17:09:11","date_gmt":"2025-12-10T17:09:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/341380\/"},"modified":"2025-12-10T17:09:11","modified_gmt":"2025-12-10T17:09:11","slug":"key-change-coming-to-social-security-retirement-age-in-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/341380\/","title":{"rendered":"Key change coming to Social Security retirement age in 2026"},"content":{"rendered":"<p class=\"article__paragraph article__paragraph--left\" id=\"X2YD3ZXLQFCZZALCE7A2TL5SAY\">Social Security\u2019s full retirement age will hit a new threshold in 2026, <a href=\"https:\/\/www.cbsnews.com\/news\/social-security-retirement-age-2026-change-66-67-increase\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.cbsnews.com\/news\/social-security-retirement-age-2026-change-66-67-increase\/\">according to CBS News<\/a>.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"6UDKXTVA5VBEREU4P4BOCV4DB4\">The age will reach 67 for everyone born in 1960 or later. That means anyone born that year won\u2019t qualify for full benefits until 2027, rather than 2026, CBS said.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"MX65H3DESZCEDJ3N2RATF5AEVM\">The change is the final step in a series of scheduled increases put in place through a law in the 1980s to shore up the Social Security system\u2019s finances. Before those reforms passed, anyone could claim full benefits at age 65.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"A4OUZZSQ6FG57MZXRCRL2OJYMI\">The law gradually pushed that age higher.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"LKMTICLT5VDKHBDIUYHS3DDVJA\">Workers can claim Social Security as early as age 62, but doing that permanently reduces the monthly benefit by about 30%, according to CBS. Waiting for the full retirement age eliminates the cut.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"QFUBXBE6R5DOPFXU6L6DUMU7IQ\">The increase in full retirement age isn\u2019t the only change coming to Social Security in 2026.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"ETOUI4WQ3JCT3BJK26IF5UGD5Q\">Benefits under the program <a href=\"https:\/\/www.syracuse.com\/news\/2025\/10\/social-security-increase-for-2026-will-outpace-this-years-how-much-will-benefits-rise.html\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.syracuse.com\/news\/2025\/10\/social-security-increase-for-2026-will-outpace-this-years-how-much-will-benefits-rise.html\">will increase 2.8% next year<\/a>. The Social Security Administration announced the raise in October.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"RJ7S4PH3XRB2XGEJRQ7FZ7HYTI\">The hike will result in an average benefit increase of $56 a month. The increase takes effect in January.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"RZNLC6TF4ZGA7IHG4QSWQVHRPE\">The increase is the program\u2019s annual cost-of-living adjustment, or COLA. The raise is tied to inflation.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"I2UGH7NVOVCKLM3AVZURAMLCWA\">The increase benefits 75 million Americans. Over the last 10 years, Social Security benefits have increased about 3.1% per year, on average, according to the administration.<\/p>\n","protected":false},"excerpt":{"rendered":"Social Security\u2019s full retirement age will hit a new threshold in 2026, according to CBS News. The age&hellip;\n","protected":false},"author":2,"featured_media":341381,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,147,530],"class_list":{"0":"post-341380","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-personal-finance","10":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/341380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=341380"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/341380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/341381"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=341380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=341380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=341380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}