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Key Social Security Unknowns (Unfortunately)

There are several key Social Security parameters that govern an effective claiming strategy, but unfortunately many of them remain unknown to a large portion of those aging into eligibility. For example, as discussed in an article by, nearly 40% of the folks surveyed by the Nationwide Retirement Institute recently were unaware of their full retirement age–the age at which their monthly benefit would not be reduced for filing early. And, that’s not all: reaching age 62 is not one’s full retirement age, benefits can be increased by waiting until age 70 to claim, and the reductions for filing early are permanent, to name a few more. Check out this post here for a good recap of some key facts.

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