3 Smart Social Security Moves
Social Security supports countless retirees, and understanding how it works can help you get the most out of your benefits. Whether you're planning to claim Social Security in the coming years or are decades away from becoming eligible for benefits, here are three wise moves that will serve you well financially.
Though your Social Security benefits are based on how much you earned during your career, the age at which you initially file for them can impact your ultimate payout. The Social Security Administration designates a full retirement age (FRA) for workers, and that's the age at which you can collect your benefits in full. Your FRA is based on your year of birth, as follows:
Year of Birth
Source: Fool.com
