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Keep an eye on the earnings cap

The Social Security Administration estimates that a man reaching 65 today can expect to live, on average, until 84 and a woman turning 65 today can expect to live until about 86. By waiting until the “magic age” of 66 you are entitled to full retirement benefit, also known as primary insurance amount, or PIA. The earnings cap disappears at full retirement age, so you may continue to work while receiving Social Security with no reduction in benefits…Read More

 

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