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The changes the Social Security Administration announced in October will impact clients approaching retirement, as well as those who have already retired and are receiving Social Security benefits.

The adjustments will result in higher checks for some beneficiaries, while those on Medicare likely won’t see a difference. A couple other key highlights are the increase in the cost of living adjustment and the shifting age for full retirement.

Every year Social Security reviews the CPI from the last four quarters. Then, it determines if a cost of living adjustment will be granted for the next year. For 2018, beneficiaries will see the largest increase in their payments since 2012.

For decades, the age for people in the U.S. to receive full retirement benefits from the Social Security Administration was 65, but slowly that number is creeping higher. When the SSA made its annual announcement for changes to its program for 2018, the age requirement ticked upwards again.

The aim of the administration, it says, is to continue to hike up the requisite until it hits 67 for people born after 1957.

The earliest age at which retirement benefits can be claimed is 66 years and two months old for those who reached their 62nd birthday in 2017. For individuals who hit that milestone in 2018, the age rises to 66 years and four months.

The adjustments went into effect on January 1, 2018. Scroll through to learn about five other core changes to Social Security that clients need to know: