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Understanding FRA, Including its Implications
Your Full Retirement Age (FRA) is, in itself, a simple piece of the process for determining your Social Security benefit. While it’s simply a factor that’s determined by your date of birth, it also has significant consequences in determining what benefits you will draw from the Social Security program. In a post today on Investopedia, contributor Erik Haagensen takes an in-depth look at how FRA relates to your participation in our country’s Social Security program. Access the post here, and if you’re unsure about your FRA, check out this brief audion file on the AMAC Foundation website.