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Social Security’s “full retirement age” isn’t when you get the most you can get

For people retiring these days, “Full retirement age” as defined by Social Security is anywhere from 66 to 67, depending upon the year you were born.  But the term “full” retirement age might imply that’s when your benefit will be the most that it can be.  And that’s wrong, because waiting beyond your “full retirement age” to apply will yield an impressively larger benefit amount.  This TD Ameritrade article by Dan Rosenburg explains that when it comes to applying for Social Security, patience can pay big dividends.  Click here to read more.

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