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  1. Social Security and Retirement
  2. Retirement Age and Social Security
  3. Working at Home
  4. Longer Years of Retirement
  5. Employment trends
  6. Foreign workers in the United States
  7. Mexican Workers in the United States
  8. Workplace Safety Standards
  9. Work-related Injuries and Deaths
  10. Growth of Large Corporate Farming
  11. Union Membership Across the United States
  12. Laws Regarding Working Women
  13. Labor Contracts in the United States
  14. Right-to-Work Laws
  15. Public worker unions in the United States
  16. Unemployment insurance
  17. Equal Opportunity Employment Laws
  18. Workers’ Compensation
  19. Minimum Age for Agricultural Employment
  20. Minors in the Workplace
  21. Minimum Wage
  22. Employment of Persons with Disabilities
  23. Major Equal Employment Legislation in the U.S.
  24. Employment in the Service Sector
  25. Unemployment
  26. State’s Unique Worker’s Compensation Laws
  27. Life on Unemployment
  28. Minimum Wage and Poverty
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A cartoon shows a man sitting inside an hourglass.
A 1959 poster from the Social Security Administration points out the need to plan for retirement.
Image Courtesy of Social Secutiry Online.
Retirement Age and Social Security
Retirement age is the age at which people stop working and usually begin to collect a pension. The 1935 Social Security Act set the age at which workers could begin to collect social security retirement benefits at sixty-five. Now the earliest age of eligibility is sixty-two. But because Social Security retirement benefits do not require “retirees” to leave the labor force many workers find new jobs after they retire from their main job. This way they can collect government retirement benefits while working in a new job, although their retirement benefits are reduced accordingly. Many workers also have company pensions or Individual Retirement Accounts (IRAs) that provide them with another source of income in their retirement years. The employer and the employee both contribute a specified amount monthly into the employee’s retirement account so that when the employee retires he or she will have money to live on.
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