4 Things Retirees Need to Know Before Claiming Social Security

Are you thinking about claiming Social Security benefits? Before you do, there are four key things you need to know so you can fully understand how much income your benefits will provide -- and how much of it you get to keep.

Your age when you first start your benefits is one of the key factors that determines the size of the checks you receive. That's because you'll get your standard benefit only if you first claim it at full retirement age (FRA).

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Source Fool.com