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earliest retirement age?

Posted: Fri Mar 02, 2018 12:33 am
by nestrella
What is meant by the earliest retirement age?

Re: earliest retirement age?

Posted: Fri Mar 02, 2018 12:53 am
by lnixon
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.