earliest retirement age?

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Joined: Thu Mar 01, 2018 11:59 pm

earliest retirement age?

Post by nestrella » Fri Mar 02, 2018 12:33 am

What is meant by the earliest retirement age?

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Joined: Sun Feb 25, 2018 10:53 pm

Re: earliest retirement age?

Post by lnixon » Fri Mar 02, 2018 12:53 am

Generally, defined benefit plan commence at the participant’s earliest retirement age. The earliest retirement age is the age at which a plan participant may first commence pension benefits under the provisions of the plan. For an ERISA plan, the age is 55. Normally, benefits payable to someone before normal retirement age are actuarially reduced to reflect the earlier commencement of benefits.

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