50% of Younger Workers Think Social Security's Full Retirement Age Should Be Lowered
There's a reason so many older Americans get really excited when their full retirement age (FRA) for Social Security arrives. FRA is when workers can receive their full monthly benefits based on their respective earnings histories.
To be clear, seniors can sign up for Social Security once they turn 62. But filing for benefits ahead of FRA results in an automatic and generally permanent reduction.
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Source Fool.com