An advanced pension and retirement system is a major reason why Chinese citizens are attracted to investment immigration to the United States. The Worldway "Immigrant Life" column will launch a series of articles on the U.S. retirement and pension system. In this issue, we will provide a deep dive into the humanized design of the U.S. retirement system for the reference of our friends who have immigrated to the United States.
![[Immigrant Life] A Deep Dive into the Humanized Design of the U.S. Retirement System](http://www.worldwayhk.com/file/upload/201509/06/16-27-34-67-41.jpg)
Generally speaking, U.S. retirement policy is divided into three levels:
Early Retirement
The normal retirement age in the United States is 67, while early retirement is 62. However, when you start receiving pension benefits at age 62, they are reduced to 70%, and for every month the collection is delayed, the reduction becomes relatively smaller.
Normal Retirement
Depending on the date of birth, the U.S. Social Security Administration has set different normal retirement ages: for example, for those born in 1937 or earlier, the retirement age is 65; for those born between 1943 and 1954, the retirement age is 66; for those born in 1960 or later, the retirement age is 67. Those who retire at the normal retirement age can receive full pension benefits.
Delayed Retirement
Those who choose to delay retirement can receive incentive benefits (Delayed Retirement Credits) on top of their original pension. If your normal retirement age is 66 and you choose to retire at 67, you will receive 108% of your pension each month. If you choose to retire at 70 or later, you will receive 132% of your pension each month.
[Summary] This voluntary, progressive retirement system design is very humanized and flexible. On one hand, it allows people to choose freely based on their own circumstances; on the other hand, by creating different tiers and implementing different pension ratios—especially by providing incentive benefits for delayed retirement—it encourages Americans to delay retirement to a certain extent.
[Immigration Tips] To better enjoy the U.S. international medical security system and social pension benefits, obtaining legal status is crucial. The U.S. EB-5 investment immigration program is highly popular due to its simple application requirements and short cycle. Currently, with changes to the U.S. EB-5 investment immigration policy imminent, Worldway is launching the first online group-buying event in the immigration industry in 25 years to help investors catch the last train. We are specifically offering investors two high-quality projects that have already received USCIS exemplar approval and are protected by the grandfather clause, remaining unaffected by policy changes: the DLJ Four Seasons Hotel Resort project (a project invested by the DLJ billion-dollar fund that has received I-526 exemplar approval) and the Pennsylvania Turnpike project (a government-backed repayment project that has received I-924 actual project exemplar approval). To grab the last spots for these high-quality projects unaffected by policy changes (group-buying ends September 30), please call 400-138-2929.
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