The Social Security Administrations full retirement age is set to increase in 2025

The Social Security Administration’s full retirement age is set to increase in 2025. In 2025, the full retirement age will increase to 66 years and 10 months for people born in 1959. That is up from 66 years and 8 months. Social Security benefits will also be increasing next year. The Associated Press reports that millions of Social Security recipients will be getting a 2.5% cost-of-living increase.