The proposal to raise the full retirement age is not yet law, but its implications are already causing reflection among those closest to retirement.

Importantly, RET amounts generally increase each year to account for changes in national wage levels. The trustee estimate the updated RET amounts for 2026 will be $24,360 and $64,800. That means Social Security recipients under FRA will be able to earn a little more money before benefits are withheld next year.