Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Claiming Social Security Early Will Slash Your Monthly Benefit for Life -- Unless You Do This

TheMotleyFool

0 0

Claiming Social Security Early Will Slash Your Monthly Benefit for Life -- Unless You Do This: https://g.foolcdn.com/editorial/images/739670/older-man-laptop-serious-typing-gettyimages-1454054734.jpg

The decision to sign up for Social Security is one you'll need to consider very carefully. That's because your Social Security filing age will help determine what monthly benefit the program pays you for life.

If you claim Social Security at full retirement age, or FRA, you'll get your complete monthly benefit based on your personal income history. FRA kicks in at 67 for anyone born in 1960 or later.

Image source: Getty Images.

Source Fool.com

Like: 0

eeb96c56-8c1a-49f3-8f23-0b4917abb9d5

Share