One Important Retirement Age Milestone People Tend to Forget
When those approaching retirement come to our office to discuss their plans, we find there are certain milestone ages they know by heart.
Most know, for example, that after age 59½, they'll no longer have to pay the 10% early withdrawal penalty on retirement account distributions.
They know that at age 62 they'll be eligible to claim Social Security, but if they can wait until they reach their full retirement age (66 or 67, depending on their birth year) their benefits could be greater. (To find out your own retirement age, see)
