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Social Security Death Index

Why 2012 Is a Huge Year for Retiring Boomers

Ann Brenoff | Posted 05.17.2012 | Fifty
Ann Brenoff

Nota bene: 2012 is a critical year on the Baby Boomers' timeline. In 2012, the oldest boomers will turn 66, the magic age at which they can claim the whole enchilada of the Social Security benefits they have earned and, as an added topping, the penalty for working and collecting benefits goes away. Big news, right? Maybe, maybe not.