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3 Social Security Facts That Might Surprise You

Christy Bieber notes that it’s important to comprehend some basic facts about Social Security but to also realize the program’s limitations.  Specifically she emphasizes these three key points: 1. Full retirement age is no longer 65; 2. Some of your benefits could be taxable; 3. Your benefits are only meant to provide a portion of your retirement income, and at a 40% income replacement rate, it’s much less than people think.  Full piece here.

 

 

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