Latest News
Understanding Full Retirement Age…and What it Means to Your Monthly Benefit
One of the key factors that needs to be given full consideration in retirement planning is one’s full retirement age (FRA). While it’s generally known that filing before one’s FRA will give you reduced benefits potentially for a greater number of years, what really needs to be understood is exactly what the discount rate is, and it’s also important to have a realization that it’s not always possible to project the length of your retirement life. Further, it’s essential to have an understanding of what waiting until after your FRA to file can mean, and to know how long that decision can be deferred. Kiplinger’s
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.
I have been absent for a while, but now I remember why I used to love this web site. Thank you, I will try and check back more often. How frequently you update your web site?
Holly Hooper
Holly:
Thank you for your comment, and welcome back! In response to your question, we update the site every weekday, with one major (Headline) breaking story and 3 or 4 (sometimes more) related stories addressing Social Security and retirement-related issues. The archives section is updated when major policy items happen in Social Security, and the Q&A page is updated weekly with a new “Ask Rusty” entry (these are also presented in audio format on our Foundation website). Other changes are made as we become aware of significant items (“Heard on the Hill,” “Tools and Calculators”)
Again, thank you for commenting.
Gerry Hafer
AMAC Foundation, Inc.