Don't Make These 4 Social Security Mistakes

You pay into Social Security during your working years -- and not a small amount -- so that it's there for you in the future. It therefore makes sense to approach Social Security strategically so that you end up with the maximum amount in benefits you're entitled to. With that in mind, here are four Social Security mistakes to avoid.

Your Social Security benefits are based on how much you earned during your career, but that number is by no means set in stone. If you wait until your full retirement age (FRA) to file for benefits, you'll get to collect your base benefit amount in full, but if you file sooner or later than FRA, your benefit amount will go up or down.

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Source: Fool.com