Don't Claim Social Security Benefits Until You Can Answer These 3 Questions
Social Security will probably play an important role in your retirement. Even if you have some outside savings, you'll still need those benefits to cover essentials, like housing and healthcare.
It's for this reason that you must choose your filing age carefully. Specifically, you must make sure you can answer these critical questions before moving forward.
Your full retirement age, or FRA for short, is when you're entitled to claim your full monthly Social Security benefit based on your personal earnings history. FRA is not universal. Rather, it hinges on your year of birth, as per the following table:
Source Fool.com
