Full retirement age

Deciding when to take Social Security Benefits

There are many options for deciding when to take your Social Security benefits. You can claim them anytime between age 62 and 70. It is an important decision. It is best to consider your finances, your health and your family…

Social Security Rules to help Make the Best “When to Claim” Decision

Although millions of people are receiving or about to receive Social Security benefits some rules are not as well known as others. These 3 in particular can affect your benefit amount: You have to work at least 35 years to…

“Fixing” Social Security–A quick recap of some of the ideas being advanced

Money.com’s Pete Grieve, in a post on nasdaq.com, provides a quick summary of five of the ideas currently circulating among various proposals to address Social Security’s looming insolvency problem. As Grieve points out, public sentiment for resolving the matter “sooner…

Understanding How Age At Filing Impacts Benefit Levels

Getting the highest Social Security benefit possible is generally only a dream for most workers. It requires a long career in a high-paying job, along with deferring benefits all the way to age 70 to take advantage of delayed retirement…

Making the Decision – When to Claim Social Security Benefits

You can claim your Social Security Benefits anytime between the ages of 62 and 70. Claiming earlier than your Full Retirement Age (FRA) reduces your payment and waiting beyond your FRA increases your benefit. Christy Bieber for The Motley Fool…

The Logic of Claiming Social Security at 67

You can choose to start collecting Social Security at any age between 62 and 70. So many options can cause confusion. Maurie Backman at The Motley Fool makes a good case for taking your benefits at your Full Retirement Age…

Ask Rusty – Should I Retire at 65 or 67? And What About Earnings & Taxes? 

Dear Rusty: I’m just trying to figure out how to determine whether to retire at 65 or 67 and, if I retire, approximately how much could I make outside of my Social Security without being overly taxed.  Signed:  Thinking About…

How waiting boosts your benefit?

There is no perfect age to begin your Social Security benefits. Your choice of when to take your Social Security benefits is a personal one based on your circumstances. However, if you wait past your full retirement age to begin…

Why is the average Social Security benefit so low?

Regarding Social Security benefits, it is not the same amount for everyone. Many factors will impact the benefits you will receive – how many years you worked, how much you made during your career, and when you decide to begin…

Why take the risk?

You can start receiving your Social Security benefits as early as age 62; however, if you start receiving benefits early, your benefits are reduced a small percent for each month before your full retirement age. That small percentage could add…

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