Should Social Security Cuts Change Your Filing Strategy?
One of the most important financial decisions you'll have to make for retirement is figuring out when to claim Social Security. That's because your filing age will help determine what monthly benefit the program pays you.
On a basic level, your monthly Social Security benefit is calculated based on how much you earned during your 35 most profitable years in the workforce. From there, you'll get that benefit in full if you sign up at full retirement age, which is 67 for anyone born in 1960 or later.
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Source Fool.com
