A table illustrates the complex interaction
among normal retirement age, actuarial reduction, and delayed retirement credit.
Not exact matches
Still, many investors cite practical currencies over
normal investment vehicles like mutual funds,
retirement plans, and penny stocks,
among others.
Even
among Iowa teachers who make it to age 55, the state assumes only about 3 percent will make it all the way to age 65 (the
normal retirement age for Social Security).
This not only avoids the
normal 10 % penalty for early withdrawal from an IRA, it spreads your withdrawal out
among so many years that you end up paying a * much * lower tax rate on the money withdrawn compared to drawing it down in your
retirement years.