The chart below shows exactly what your FRA is based on your birth year, under these amended rules. Knowing your FRA is very important because the age when you start Social Security, ...
Claiming Social Security at 62 is popular strategy because it gives recipients the most checks. At the same time, it reduces ...
The following chart shows the spousal benefit (as ... That means there is no advantage to delaying Social Security beyond FRA. Put differently, spouses can maximize their payout by claiming ...
The cost-of-living adjustment (COLA) took effect in January, raising the average monthly retirement benefit from $1,927 to $1,976. Other changes include an increase in the full retirement age (FRA ...