5 Lesser-Known Social Security Rules You Should Be Aware Of
Everyone knows the basics of Social Security: You pay taxes throughout your working years, and you get some of that money back in the form of a monthly check in retirement. But there are a lot of rules affecting the size of your benefit that people aren't as familiar with. Here are five important ones to bear in mind.
The government assigns a full retirement age (FRA) to you based on your birth year. It's 67 for most workers today, though some older adults could have a FRA as young as 66. Your FRA determines when you qualify for the primary insurance amount (PIA) you've earned based on your work history.
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Source Fool.com