
Some of the recent news about talks to raise the mandatory retirement age brought unsettled times for many experienced workers. In September, Social Security Administration Commissioner Frank Bisignano was asked whether he’d consider raising the retirement age to protect Social Security, to which he replied, “I think everything’s being considered and will be considered,” as reported by The Hill.
That comment was later walked back, with a Social Security Administration X post claiming that raising the retirement age isn’t under consideration, but it still has many wondering what could happen to retirements if the age were raised.