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Benefit Adjustments at Full Retirement Age
Reader question: “I will be 66 next July. I want to begin collecting Social Security in January, if possible. I believe that I can begin receiving benefits in January, minus roughly 3.3%, per SSA formula. Then, beginning in July, it will ramp up to the full amount, plus the SSA will add back the total […]
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Reader question: “I will be 66 next July. I want to begin collecting Social Security in January, if possible. I believe that I can begin receiving benefits in January, minus roughly 3.3%, per SSA formula. Then, beginning in July, it will ramp up to the full amount, plus the SSA will add back the total […]