Another voice has joined the chorus of those proposing an increase in the retirement age. Nikki Haley, who has declared her intention to run for the Republican Party presidential nomination in 2024, announced her willingness to raise the retirement age for Social Security and Medicare during a political event in Iowa. She adds her support to an idea that has recently become the rage in the halls of Congress.
Why are they talking about raising the Social Security retirement age?
There have been built-in increases in the retirement age for Social Security for some time now. Those increases, however, end with people born in 1960 and beyond.