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The Most Important Factors That Determine Your Social Security Payout

As one approaches the decision point on when to file for Social Security benefits, there are several key factors that come into play. Three of these–how many years you worked and how much you earned–are pretty much unchangeable at that point. Another factor is your full retirement age, also something that is an indelible fact. But there is one more factor…the age you begin drawing benefits. The Motley Fool’s Sean Williams, in a post on their website, explores the importance of carefully selecting the point at which you want benefits to begin. Read his post here…

 

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