Waiting until your Social Security full retirement age (FRA) to start taking benefits ... penalties from your tax-deferred IRA. Retirement Calculator: How Much Do I Need to Retire?
Full retirement age varies by birth year and is 67 for those born in 1960 or later. Claiming Social Security before FRA reduces benefits while delaying increases them. Working after FRA doesn't ...
One of the changes they made was slowly moving the full retirement age later. As a result, under the new rules, your FRA was based on the year that you were born. The chart below shows exactly ...
“If you start claiming benefits at age 62, you’ll receive 70% of your full ... Retirement Planner in the Seattle area, in an email. How Long Will Your Retirement Savings Last? This free ...