May
31
2018
By Site Admin
1. Not knowing your full retirement age (FRA). 'Full benefit' retirement age is rising beyond age 65 to age 67.
2. Not knowing you can file for benefits three months in advance of receiving income
3. Forgetting Social Security benefits can be subject to income tax.
4. Thinking early filers can later receive 'full benefits'. If filing early, your benefits are permanently reduced.
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