Break-even is not the only factor you should consider

You can apply for Social Security benefits as early as age 62. However, you will receive full benefits only when you file for your benefit at your full retirement age. If you delay taking your benefits until age 70, your…

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Social Security’s Full Retirement Age (FRA) 

Once upon a time, there was no mystery about Social Security’s full retirement age – everyone received their full benefit if they claimed at 65 years of age, the age set when the program was first enacted in 1935. But way back in…

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The Role of Life Expectancy in Retirement Decisions

Right now is a good time to focus on an important question which affects your future – When should I take my Social Security benefits?  While there are a number of factors to consider when making that decision, don’t overlook…

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The Clock is Ticking for Social Security Solvency

Lest we forget, this article provides an excellent treatise about Social Security’s looming financial issues, now forecast to come to pass in about six short years. Don’t panic! That doesn’t mean that Social Security is going away (as in “bankrupt)…

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Social Security: The Mystery of Spousal Benefits

Some things appear to be a “riddle, wrapped in a mystery, inside an enigma”[1], and that certainly seems an apt description of Social Security spousal benefits. Here at the AMAC Foundation’s Social Security Advisory Service, questions about spousal benefits make…

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“Ask Rusty – About Social Security’s “First Year Rule” and Withdrawing from SS”

Dear Rusty:  I am 63 years old, and about to apply for my Social Security benefits. I am self-employed but only working part time. I know about Social Security’s annual earnings limit but recently I learned I must also be…

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