Tag: Earliest Eligibility Age

A miniature man and a miniature woman sitting with a baby on top of a stack of coins

Paid parental leave is a good idea, but this isn’t the way to do it.    I had hoped that the proposal to use Social Security to finance parental leave had died.  Unfortunately, Senator Rubio’s “Economic Security for New Parents Act” appears alive and well and was just scored by the Social Security actuaries.  T…

Cheerful senior man at home looking at his mail

Introduction In the early 1980s, Congress responded to the Social Security program’s long-term financing shortfall, in part, by raising the Full Retirement Age (FRA) from 65 to 67.  When fully phased in, for those who turn 62 in 2022, workers will have to wait an additional two years to get the same monthly benefit.  If…