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The ERISA-standard full retirement age is 65 and always has been, although it allows for plans to use a younger age for certain job codes, usually relating to higher risk or high physical demand, as I recall. But states and federal employees have no such restriction. I have 4 fed and state retirees in our extended family and all retired and began their pensions in their 50s.

What struck me as a bit odd was 16% of all Alimony received? At 65?

And 19% of all TIRA deductions? At 65? Now, that means this group has to be working...or their spouse...and certainly this group is probably the most motivated and likely has the the most discretionary dollars to make a deductible contribution, but most of this group...those 70.5 and older, cannot contribute. That's a lot of IRA contributing.

BruceM
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