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The Importance of Knowing (and Considering) Your FRA When Pondering Filing for Social Security
Surprisingly, many folks approaching Social Security eligibility are not clear on what their full retirement age (FRA) actually is. But more importantly, many folks are also not aware of the impact their FRA has on their ultimate level of benefits. It is both tactically and strategically critical to know both of these factors before signing on the dotted line (or hitting the enter key, if you’re signing up online), since the long-term impact will be with you for the rest of your years. In a post on jg-tc.com, The Motley Fool’s Katie Brockman provides a refresher on FRA and its importance in the Social Security claiming decision. Read her post here…
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