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Do you know your FRA?

When it comes to Social Security there is one important number you need to know: your full retirement age, or FRA.  So why is this number so important? Knowing this number will make the difference between reducing your monthly benefit in retirement or enjoying a higher income stream for life.  In Maurie Backman’s article she explains why knowing your FRA is the most important number you need to know. Read Ms. Backman’s article here…

 

This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.

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