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3 Social Security Facts That Might Spook You


Millions of seniors count on Social Security for retirement income. But the less you know about the program, the more scary surprises you might be in for. Here are a few Social Security facts that may give you a fright.

The monthly Social Security benefit you're entitled to in retirement is based on your personal wage history. From there, you can collect that benefit in full once you reach full retirement age, or FRA.

FRA hinges on the year you were born. If that year is 1960 or later, your FRA is 67.

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Source Fool.com


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