3 Social Security Surprises That Aren't the Pleasant Kind
Social Security is full of pleasant surprises. For example, did you know that the benefit you start out collecting isn't the same total you're stuck with for life? That's because seniors on Social Security are entitled to cost-of-living adjustments that could result in higher paychecks.
Here's another fun fact about Social Security. If you delay your filing past your full retirement age (FRA), you can snag an 8% boost to your benefits for each year you hold off, up until you turn 70. And that higher benefit will be yours to enjoy forever.
But while there are definitely some positive surprises associated with Social Security, there are also some less positive ones. Here are a few that could really throw you for a loop if you're not prepared.
Source Fool.com
