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The Most Important Social Security Table You'll Ever See


Social Security ends up being an important income source for many seniors. And the reality is that even if you save well for retirement, you might still need those benefits to supplement your withdrawals from your savings.

That's why it's important to file for benefits strategically. While your earnings history will play a big role in the monthly benefit you wind up with, your filing age will also determine what that benefit looks like.

You're entitled to your full monthly Social Security benefit at full retirement age, or FRA. FRA is either 66, 67, or somewhere in the middle, depending on when you were born.

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Source Fool.com


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